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$2,973 (target)

3241 Frese Dr, Quincy, IL 62305

3 beds • 2 baths • 2830 sqft

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This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $80,811 initial cash invested.

2.27%

Cash On Cash

7.24%

Cap Rate

1.18

DSCR

$2,973

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,973 income − $2,820 expenses = $153 cash flow

Income$2,973Mortgage P&I$1,53252%Property Taxes$1696%Insurance$1084%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$153

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,811

Downpayment

20%

$59,820

Closing costs

1%

$2,991

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,973

Total Expenses

$2,820

Mortgage P&I

52%

$1,532

Property Taxes

6%

$169

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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