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$3,224 (target)

2 Hickory Ln, Carlinville, IL 62626

3 beds • 3 baths • 2421 sqft

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This property could be a profitable Mid-Term investment with a projected 13.23% first-year return on $64,221 initial cash invested.

13.23%

Cash On Cash

10.6%

Cap Rate

1.76

DSCR

$3,224

Rent

$708

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,224 income − $2,516 expenses = $708 cash flow

Income$3,224Mortgage P&I$1,10734%Property Taxes$2187%Insurance$943%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$708

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,221

Downpayment

20%

$44,020

Closing costs

1%

$2,201

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,224

Total Expenses

$2,516

Mortgage P&I

34%

$1,107

Property Taxes

7%

$218

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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