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$2,295 (target)

309 W 11th St, Metropolis, IL 62960

3 beds • 3 baths • 1602 sqft

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This property could be a profitable Mid-Term investment with a projected 15.86% first-year return on $48,954 initial cash invested.

15.86%

Cash On Cash

12.56%

Cap Rate

1.92

DSCR

$2,295

Rent

$647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,295 income − $1,648 expenses = $647 cash flow

Income$2,295Mortgage P&I$80435%Property Taxes$10Insurance$542%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$647

Investment Breakdown

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Purchase Price

$147k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,954

Downpayment

20%

$29,480

Closing costs

1%

$1,474

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,295

Total Expenses

$1,648

Mortgage P&I

35%

$804

Property Taxes

0%

$10

Home Insurance

2%

$54

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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