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$4,796 (target)

296 Snowdrop Ln, Elgin, IL 60124

3 beds • 2 baths • 1981 sqft

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This property looks like a bad Mid-Term investment with a projected -9.51% first-year return on $137k initial cash invested.

-9.51%

Cash On Cash

4.48%

Cap Rate

0.7

DSCR

$4,796

Rent

-$1,083

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,796 income − $5,879 expenses = $1,083 out of pocket

Income$4,796Out of Pocket$1,083Mortgage P&I$3,00063%Property Taxes$1,01221%Insurance$1984%HOA$371%Management$57612%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52811%

Investment Breakdown

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Purchase Price

$565k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,796

Total Expenses

$5,879

Mortgage P&I

63%

$3,000

Property Taxes

21%

$1,012

Home Insurance

4%

$198

HOA

1%

$37

Property Management

12%

$576

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$528

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