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$2,488 (target)

307 W 6th St, Metropolis, IL 62960

3 beds • 2 baths • 1196 sqft

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This property could be a profitable Mid-Term investment with a projected 22.47% first-year return on $43,158 initial cash invested.

22.47%

Cash On Cash

15.46%

Cap Rate

2.43

DSCR

$2,488

Rent

$808

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,488 income − $1,680 expenses = $808 cash flow

Income$2,488Mortgage P&I$63526%Property Taxes$1526%Insurance$452%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$808

Investment Breakdown

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Purchase Price

$120k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,158

Downpayment

20%

$23,960

Closing costs

1%

$1,198

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,488

Total Expenses

$1,680

Mortgage P&I

26%

$635

Property Taxes

6%

$152

Home Insurance

2%

$45

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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