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$1,702 (target)

1608 W Main St, Belleville, IL 62220

3 beds • 2 baths • 1217 sqft

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This property could be a profitable Mid-Term investment with a projected 31.5% first-year return on $27,849 initial cash invested.

31.5%

Cash On Cash

26.79%

Cap Rate

4.22

DSCR

$1,702

Rent

$731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,702 income − $971 expenses = $731 cash flow

Income$1,702Mortgage P&I$24815%Property Taxes$1298%Insurance$161%Management$20412%CapEx$684%Vacancy$513%Maintenance$684%Other$18711%Cash Flow$731

Investment Breakdown

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Purchase Price

$46,900

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,849

Downpayment

20%

$9,380

Closing costs

1%

$469

Rehab

0%

$0

Furnishing

38%

$18,000

Cashflow

Total Income

$1,702

Total Expenses

$971

Mortgage P&I

15%

$248

Property Taxes

8%

$129

Home Insurance

1%

$16

HOA

0%

$0

Property Management

12%

$204

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$187

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