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$3,542 (target)

2102 Cordova Ct, Pekin, IL 61554

3 beds • 3 baths • 2159 sqft

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This property might be a fair Mid-Term investment with a projected 7.88% first-year return on $68,379 initial cash invested.

7.88%

Cash On Cash

9.5%

Cap Rate

1.45

DSCR

$3,542

Rent

$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,542 income − $3,093 expenses = $449 cash flow

Income$3,542Mortgage P&I$1,30937%Property Taxes$49514%Insurance$842%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$39011%Cash Flow$449

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,542

Total Expenses

$3,093

Mortgage P&I

37%

$1,309

Property Taxes

14%

$495

Home Insurance

2%

$84

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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