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$3,118 (target)

2915 Ray Mar Ct, Quincy, IL 62305

3 beds • 2 baths • 1877 sqft

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This property could be a profitable Mid-Term investment with a projected 15.45% first-year return on $59,265 initial cash invested.

15.45%

Cash On Cash

11.84%

Cap Rate

1.84

DSCR

$3,118

Rent

$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,118 income − $2,355 expenses = $763 cash flow

Income$3,118Mortgage P&I$1,05134%Property Taxes$1746%Insurance$692%Management$37412%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$763

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,265

Downpayment

20%

$39,300

Closing costs

1%

$1,965

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,118

Total Expenses

$2,355

Mortgage P&I

34%

$1,051

Property Taxes

6%

$174

Home Insurance

2%

$69

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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