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$5,804 (target)

2711 Elgin Rd, Evanston, IL 60201

3 beds • 2 baths • 1279 sqft

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This property might be a fair Mid-Term investment with a projected 4.57% first-year return on $126k initial cash invested.

4.57%

Cash On Cash

7.77%

Cap Rate

1.27

DSCR

$5,804

Rent

$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,804 income − $5,324 expenses = $480 cash flow

Income$5,804Mortgage P&I$2,61745%Property Taxes$57710%Insurance$1583%Management$69612%CapEx$2324%Vacancy$1743%Maintenance$2324%Other$63811%Cash Flow$480

Investment Breakdown

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Purchase Price

$514k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,140

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,804

Total Expenses

$5,324

Mortgage P&I

45%

$2,617

Property Taxes

10%

$577

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$696

CapEx

4%

$232

Vacancy

3%

$174

Maintenance

4%

$232

Other

11%

$638

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