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$1,911 (target)

308 Bailey Ln, Benton, IL 62812

3 beds • 2 baths • 1648 sqft

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This property might be a fair Mid-Term investment with a projected 1.66% first-year return on $55,800 initial cash invested.

1.66%

Cash On Cash

7.47%

Cap Rate

1.16

DSCR

$1,911

Rent

$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,911 income − $1,834 expenses = $77 cash flow

Income$1,911Mortgage P&I$96751%Property Taxes$1568%Insurance$633%Management$22912%CapEx$764%Vacancy$573%Maintenance$764%Other$21011%Cash Flow$77

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,911

Total Expenses

$1,834

Mortgage P&I

51%

$967

Property Taxes

8%

$156

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

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