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$2,469 (target)

328 S Westlawn Ave, Decatur, IL 62522

3 beds • 2 baths • 1510 sqft

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This property might be a fair Mid-Term investment with a projected 6.86% first-year return on $55,779 initial cash invested.

6.86%

Cash On Cash

9.13%

Cap Rate

1.44

DSCR

$2,469

Rent

$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,469 income − $2,150 expenses = $319 cash flow

Income$2,469Mortgage P&I$95038%Property Taxes$29712%Insurance$633%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%Cash Flow$319

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,469

Total Expenses

$2,150

Mortgage P&I

38%

$950

Property Taxes

12%

$297

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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