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$3,338 (target)

413 Wabash Ave, Belleville, IL 62220

3 beds • 3 baths • 2628 sqft

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This property could be a profitable Mid-Term investment with a projected 11.14% first-year return on $57,648 initial cash invested.

11.14%

Cash On Cash

10.68%

Cap Rate

1.66

DSCR

$3,338

Rent

$535

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,338 income − $2,803 expenses = $535 cash flow

Income$3,338Mortgage P&I$1,01130%Property Taxes$58918%Insurance$672%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%Cash Flow$535

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,648

Downpayment

20%

$37,760

Closing costs

1%

$1,888

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,338

Total Expenses

$2,803

Mortgage P&I

30%

$1,011

Property Taxes

18%

$589

Home Insurance

2%

$67

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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