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$2,326 (target)

2099 Barding Ave, Decatur, IL 62526

3 beds • 3 baths • 2944 sqft

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This property could be a profitable Mid-Term investment with a projected 16.03% first-year return on $42,150 initial cash invested.

16.03%

Cash On Cash

13.22%

Cap Rate

2.07

DSCR

$2,326

Rent

$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,326 income − $1,763 expenses = $563 cash flow

Income$2,326Mortgage P&I$61126%Property Taxes$32114%Insurance$402%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$563

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,150

Downpayment

20%

$23,000

Closing costs

1%

$1,150

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,326

Total Expenses

$1,763

Mortgage P&I

26%

$611

Property Taxes

14%

$321

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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