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$1,602 (target)

2712 Logan St, Mount Vernon, IL 62864

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Mid-Term investment with a projected 13.21% first-year return on $36,879 initial cash invested.

13.21%

Cash On Cash

12.76%

Cap Rate

1.97

DSCR

$1,602

Rent

$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,602 income − $1,196 expenses = $406 cash flow

Income$1,602Mortgage P&I$48630%Property Taxes$1348%Insurance$322%Management$19212%CapEx$644%Vacancy$483%Maintenance$644%Other$17611%Cash Flow$406

Investment Breakdown

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Purchase Price

$89,900

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,879

Downpayment

20%

$17,980

Closing costs

1%

$899

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$1,602

Total Expenses

$1,196

Mortgage P&I

30%

$486

Property Taxes

8%

$134

Home Insurance

2%

$32

HOA

0%

$0

Property Management

12%

$192

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$176

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