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$1,851 (target)

1548 N Prairie St, Galesburg, IL 61401

3 beds • 2 baths • 1248 sqft

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This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $51,999 initial cash invested.

0.62%

Cash On Cash

7.26%

Cap Rate

1.12

DSCR

$1,851

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,851 income − $1,824 expenses = $27 cash flow

Income$1,851Mortgage P&I$87847%Property Taxes$25714%Insurance$593%Management$22212%CapEx$744%Vacancy$563%Maintenance$744%Other$20411%Cash Flow$27

Investment Breakdown

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Purchase Price

$162k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,999

Downpayment

20%

$32,380

Closing costs

1%

$1,619

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,851

Total Expenses

$1,824

Mortgage P&I

47%

$878

Property Taxes

14%

$257

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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