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$3,854 (target)

1901 N Fair St, Marion, IL 62959

3 beds • 3 baths • 2864 sqft

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This property looks like a bad Mid-Term investment with a projected -2.01% first-year return on $96,078 initial cash invested.

-2.01%

Cash On Cash

6.34%

Cap Rate

1

DSCR

$3,854

Rent

-$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,854 income − $4,015 expenses = $161 out of pocket

Income$3,854Out of Pocket$161Mortgage P&I$1,97051%Property Taxes$59916%Insurance$1364%Management$46212%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,078

Downpayment

20%

$74,360

Closing costs

1%

$3,718

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,854

Total Expenses

$4,015

Mortgage P&I

51%

$1,970

Property Taxes

16%

$599

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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