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$3,218 (target)

3608 Andrews Ct, Salem, IL 62881

3 beds • 3 baths • 1910 sqft

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This property might be a fair Mid-Term investment with a projected 3.64% first-year return on $77,850 initial cash invested.

3.64%

Cash On Cash

7.57%

Cap Rate

1.25

DSCR

$3,218

Rent

$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,218 income − $2,982 expenses = $236 cash flow

Income$3,218Mortgage P&I$1,43244%Property Taxes$35011%Insurance$1053%Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%Cash Flow$236

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,218

Total Expenses

$2,982

Mortgage P&I

45%

$1,432

Property Taxes

11%

$350

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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