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$5,368 (target)

3423 Grandmore Ave, Gurnee, IL 60031

3 beds • 3 baths • 2328 sqft

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This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $112k initial cash invested.

1.87%

Cash On Cash

7.25%

Cap Rate

1.17

DSCR

$5,368

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,368 income − $5,194 expenses = $174 cash flow

Income$5,368Mortgage P&I$2,30443%Property Taxes$90617%Insurance$1593%Management$64412%CapEx$2154%Vacancy$1613%Maintenance$2154%Other$59011%Cash Flow$174

Investment Breakdown

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Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,140

Closing costs

1%

$4,457

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,368

Total Expenses

$5,194

Mortgage P&I

43%

$2,304

Property Taxes

17%

$906

Home Insurance

3%

$159

HOA

0%

$0

Property Management

12%

$644

CapEx

4%

$215

Vacancy

3%

$161

Maintenance

4%

$215

Other

11%

$590

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