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2409 Sutherland Rd, Springfield, IL 62702

3 beds • 2 baths • 1762 sqft

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This property might be a fair Mid-Term investment with a projected 8.14% first-year return on $53,490 initial cash invested.

8.14%

Cash On Cash

9.59%

Cap Rate

1.51

DSCR

$2,376

Rent

$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,376

Total Expenses

$2,013

Mortgage P&I

38%

$893

Property Taxes

11%

$252

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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