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$3,804 (target)

3130 Joann Dr, Joliet, IL 60431

3 beds • 3 baths • 1208 sqft

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This property might be a fair Mid-Term investment with a projected 4.65% first-year return on $87,909 initial cash invested.

4.65%

Cash On Cash

7.75%

Cap Rate

1.3

DSCR

$3,804

Rent

$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,804 income − $3,463 expenses = $341 cash flow

Income$3,804Mortgage P&I$1,65644%Property Taxes$39810%Insurance$1173%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%Cash Flow$341

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,909

Downpayment

20%

$66,580

Closing costs

1%

$3,329

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,804

Total Expenses

$3,463

Mortgage P&I

44%

$1,656

Property Taxes

10%

$398

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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