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$3,688 (target)

43 Illini Dr, Lincoln, IL 62656

3 beds • 2 baths • 2326 sqft

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This property might be a fair Mid-Term investment with a projected 2.44% first-year return on $88,350 initial cash invested.

2.44%

Cash On Cash

7.17%

Cap Rate

1.2

DSCR

$3,688

Rent

$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,688 income − $3,508 expenses = $180 cash flow

Income$3,688Mortgage P&I$1,67545%Property Taxes$46012%Insurance$1173%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%Cash Flow$180

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,688

Total Expenses

$3,508

Mortgage P&I

45%

$1,675

Property Taxes

12%

$460

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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