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$3,843 (target)

357 Neola St, Park Forest, IL 60466

3 beds • 2 baths • 1493 sqft

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This property could be a profitable Mid-Term investment with a projected 20.35% first-year return on $46,770 initial cash invested.

20.35%

Cash On Cash

14.73%

Cap Rate

2.29

DSCR

$3,843

Rent

$793

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,843 income − $3,050 expenses = $793 cash flow

Income$3,843Mortgage P&I$73519%Property Taxes$95925%Insurance$491%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%Cash Flow$793

Investment Breakdown

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Purchase Price

$137k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,770

Downpayment

20%

$27,400

Closing costs

1%

$1,370

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$3,843

Total Expenses

$3,050

Mortgage P&I

19%

$735

Property Taxes

25%

$959

Home Insurance

1%

$49

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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