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$1,706 (target)

1613 Elmwood St, Jacksonville, IL 62650

3 beds • 2 baths • 1260 sqft

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This property might be a fair Mid-Term investment with a projected 3.7% first-year return on $47,652 initial cash invested.

3.7%

Cash On Cash

8.19%

Cap Rate

1.29

DSCR

$1,706

Rent

$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,706 income − $1,559 expenses = $147 cash flow

Income$1,706Mortgage P&I$74944%Property Taxes$17810%Insurance$523%Management$20512%CapEx$684%Vacancy$513%Maintenance$684%Other$18811%Cash Flow$147

Investment Breakdown

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Purchase Price

$141k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,652

Downpayment

20%

$28,240

Closing costs

1%

$1,412

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,706

Total Expenses

$1,559

Mortgage P&I

44%

$749

Property Taxes

10%

$178

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$205

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$188

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