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$3,568 (target)

2417 Haverford Rd, Springfield, IL 62704

3 beds • 3 baths • 1922 sqft

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This property might be a fair Mid-Term investment with a projected 9.02% first-year return on $71,403 initial cash invested.

9.02%

Cash On Cash

9.55%

Cap Rate

1.51

DSCR

$3,568

Rent

$537

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,568 income − $3,031 expenses = $537 cash flow

Income$3,568Mortgage P&I$1,34338%Property Taxes$39311%Insurance$822%Management$42812%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39211%Cash Flow$537

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,403

Downpayment

20%

$50,860

Closing costs

1%

$2,543

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,568

Total Expenses

$3,031

Mortgage P&I

38%

$1,343

Property Taxes

11%

$393

Home Insurance

2%

$82

HOA

0%

$0

Property Management

12%

$428

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$392

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