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$1,674 (target)

309 E Franklin St, Macomb, IL 61455

3 beds • 2 baths • 1376 sqft

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This property could be a profitable Mid-Term investment with a projected 13.75% first-year return on $35,682 initial cash invested.

13.75%

Cash On Cash

13.04%

Cap Rate

2.08

DSCR

$1,674

Rent

$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,674 income − $1,265 expenses = $409 cash flow

Income$1,674Mortgage P&I$43926%Property Taxes$21513%Insurance$423%Management$20112%CapEx$674%Vacancy$503%Maintenance$674%Other$18411%Cash Flow$409

Investment Breakdown

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Purchase Price

$84,200

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,682

Downpayment

20%

$16,840

Closing costs

1%

$842

Rehab

0%

$0

Furnishing

21%

$18,000

Cashflow

Total Income

$1,674

Total Expenses

$1,265

Mortgage P&I

26%

$439

Property Taxes

13%

$215

Home Insurance

3%

$42

HOA

0%

$0

Property Management

12%

$201

CapEx

4%

$67

Vacancy

3%

$50

Maintenance

4%

$67

Other

11%

$184

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