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$2,384 (target)

403 Cora St, Carmi, IL 62821

3 beds • 2 baths • 1176 sqft

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This property could be a profitable Mid-Term investment with a projected 21.67% first-year return on $44,250 initial cash invested.

21.67%

Cash On Cash

14.84%

Cap Rate

2.37

DSCR

$2,384

Rent

$799

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,384 income − $1,585 expenses = $799 cash flow

Income$2,384Mortgage P&I$65227%Property Taxes$793%Insurance$442%Management$28612%CapEx$954%Vacancy$723%Maintenance$954%Other$26211%Cash Flow$799

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,384

Total Expenses

$1,585

Mortgage P&I

27%

$652

Property Taxes

3%

$79

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$72

Maintenance

4%

$95

Other

11%

$262

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