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$3,120 (target)

334 Pleasant Ridge Rd, Fairview Heights, IL 62208

3 beds • 2 baths • 2344 sqft

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This property might be a fair Mid-Term investment with a projected 7.6% first-year return on $68,400 initial cash invested.

7.6%

Cash On Cash

9.13%

Cap Rate

1.44

DSCR

$3,120

Rent

$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,120 income − $2,687 expenses = $433 cash flow

Income$3,120Mortgage P&I$1,26841%Property Taxes$2749%Insurance$843%Management$37412%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$433

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,120

Total Expenses

$2,687

Mortgage P&I

41%

$1,268

Property Taxes

9%

$274

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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