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$3,196 (target)

3275 Selmaville Rd, Salem, IL 62881

3 beds • 2 baths • 1099 sqft

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This property could be a profitable Mid-Term investment with a projected 30.25% first-year return on $46,329 initial cash invested.

30.25%

Cash On Cash

18.09%

Cap Rate

2.76

DSCR

$3,196

Rent

$1,168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,196 income − $2,028 expenses = $1,168 cash flow

Income$3,196Mortgage P&I$73823%Property Taxes$1555%Insurance$471%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$1,168

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,329

Downpayment

20%

$26,980

Closing costs

1%

$1,349

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$3,196

Total Expenses

$2,028

Mortgage P&I

23%

$738

Property Taxes

5%

$155

Home Insurance

1%

$47

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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