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$3,075 (target)

2320 Lindbergh Blvd, Springfield, IL 62704

3 beds • 2 baths • 1650 sqft

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This property might be a fair Mid-Term investment with a projected 4.46% first-year return on $70,479 initial cash invested.

4.46%

Cash On Cash

8.19%

Cap Rate

1.29

DSCR

$3,075

Rent

$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,075 income − $2,813 expenses = $262 cash flow

Income$3,075Mortgage P&I$1,32043%Property Taxes$36012%Insurance$883%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$262

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,075

Total Expenses

$2,813

Mortgage P&I

43%

$1,320

Property Taxes

12%

$360

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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