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3903 Slate Dr, Champaign, IL 61822

4 beds • 3 baths • 1909 sqft

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This property looks like a bad Long-Term investment with a projected -16.29% first-year return on $79,506 initial cash invested.

-16.29%

Cash On Cash

2.76%

Cap Rate

0.47

DSCR

$2,180

Rent

-$1,079

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,506

Downpayment

20%

$75,720

Closing costs

1%

$3,786

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,180

Total Expenses

$3,259

Mortgage P&I

85%

$1,842

Property Taxes

33%

$718

Home Insurance

6%

$132

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1420 Myrtle Beach Ave, Champaign, IL 61822

$1,800

4

3

1912

0.2 mi

3802 Slate Dr, Champaign, IL 61822

$3,200

4

2.5

2136

0.1 mi

819 Bluegrass Ln, Champaign, IL 61822

$3,000

4

2.5

2279

0.4 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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