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$2,150 (target)

2303 Mimosa Dr, Olney, IL 62450

3 beds • 2 baths • 1988 sqft

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This property could be a profitable Mid-Term investment with a projected 15.95% first-year return on $44,607 initial cash invested.

15.95%

Cash On Cash

12.52%

Cap Rate

2.06

DSCR

$2,150

Rent

$593

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,150 income − $1,557 expenses = $593 cash flow

Income$2,150Mortgage P&I$64330%Property Taxes$1477%Insurance$372%Management$25812%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%Cash Flow$593

Investment Breakdown

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Purchase Price

$127k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,607

Downpayment

20%

$25,340

Closing costs

1%

$1,267

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,150

Total Expenses

$1,557

Mortgage P&I

30%

$643

Property Taxes

7%

$147

Home Insurance

2%

$37

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

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