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$2,588 (target)

2208 Jennifer Ln, Marion, IL 62959

3 beds • 2 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 0.71% first-year return on $64,347 initial cash invested.

0.71%

Cash On Cash

7.6%

Cap Rate

1.11

DSCR

$2,588

Rent

$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,588 income − $2,550 expenses = $38 cash flow

Income$2,588Mortgage P&I$1,25548%Property Taxes$33313%Insurance$803%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$38

Investment Breakdown

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Purchase Price

$221k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,347

Downpayment

20%

$44,140

Closing costs

1%

$2,207

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,588

Total Expenses

$2,550

Mortgage P&I

48%

$1,255

Property Taxes

13%

$333

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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