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$1,970 (target)

1652 N Cherry St, Galesburg, IL 61401

3 beds • 2 baths • 1531 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $55,359 initial cash invested.

1.47%

Cash On Cash

7.54%

Cap Rate

1.15

DSCR

$1,970

Rent

$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,970 income − $1,902 expenses = $68 cash flow

Income$1,970Mortgage P&I$97149%Property Taxes$19610%Insurance$653%Management$23612%CapEx$794%Vacancy$593%Maintenance$794%Other$21711%Cash Flow$68

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,359

Downpayment

20%

$35,580

Closing costs

1%

$1,779

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,970

Total Expenses

$1,902

Mortgage P&I

49%

$971

Property Taxes

10%

$196

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$236

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$217

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