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$4,596 (target)

1601 State St, Quincy, IL 62301

3 beds • 3 baths • 2490 sqft

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This property could be a profitable Mid-Term investment with a projected 23.71% first-year return on $71,256 initial cash invested.

23.71%

Cash On Cash

13.59%

Cap Rate

2.24

DSCR

$4,596

Rent

$1,408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,596 income − $3,188 expenses = $1,408 cash flow

Income$4,596Mortgage P&I$1,28128%Property Taxes$2515%Insurance$922%Management$55212%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50611%Cash Flow$1,408

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,256

Downpayment

20%

$50,720

Closing costs

1%

$2,536

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,596

Total Expenses

$3,188

Mortgage P&I

28%

$1,281

Property Taxes

5%

$251

Home Insurance

2%

$92

HOA

0%

$0

Property Management

12%

$552

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$506

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