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$3,140 (target)

1841 Spring St, Quincy, IL 62301

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Mid-Term investment with a projected 11.78% first-year return on $64,179 initial cash invested.

11.78%

Cash On Cash

10.95%

Cap Rate

1.6

DSCR

$3,140

Rent

$630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,140 income − $2,510 expenses = $630 cash flow

Income$3,140Mortgage P&I$1,25140%Property Taxes$1144%Insurance$772%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34511%Cash Flow$630

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,140

Total Expenses

$2,510

Mortgage P&I

40%

$1,251

Property Taxes

4%

$114

Home Insurance

2%

$77

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$345

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