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$2,804 (target)

2517 Lindbergh Blvd, Springfield, IL 62704

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 0.31% first-year return on $72,537 initial cash invested.

0.31%

Cash On Cash

6.74%

Cap Rate

1.1

DSCR

$2,804

Rent

$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,804 income − $2,785 expenses = $19 cash flow

Income$2,804Mortgage P&I$1,32847%Property Taxes$41415%Insurance$913%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$19

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,537

Downpayment

20%

$51,940

Closing costs

1%

$2,597

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,804

Total Expenses

$2,785

Mortgage P&I

47%

$1,328

Property Taxes

15%

$414

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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