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$2,852 (target)

333 Northwood Ln, Salem, IL 62881

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Mid-Term investment with a projected 14.7% first-year return on $56,325 initial cash invested.

14.7%

Cash On Cash

11.7%

Cap Rate

1.82

DSCR

$2,852

Rent

$690

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,852 income − $2,162 expenses = $690 cash flow

Income$2,852Mortgage P&I$97634%Property Taxes$1525%Insurance$642%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$690

Investment Breakdown

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Purchase Price

$183k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,325

Downpayment

20%

$36,500

Closing costs

1%

$1,825

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,852

Total Expenses

$2,162

Mortgage P&I

34%

$976

Property Taxes

5%

$152

Home Insurance

2%

$64

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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