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$2,126 (target)

4816 Wick Mor Dr, Alton, IL 62002

3 beds • 2 baths • 960 sqft

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This property might be a fair Mid-Term investment with a projected 6.61% first-year return on $51,348 initial cash invested.

6.61%

Cash On Cash

9.14%

Cap Rate

1.44

DSCR

$2,126

Rent

$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,126 income − $1,843 expenses = $283 cash flow

Income$2,126Mortgage P&I$84240%Property Taxes$22310%Insurance$553%Management$25512%CapEx$854%Vacancy$643%Maintenance$854%Other$23411%Cash Flow$283

Investment Breakdown

|

Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,348

Downpayment

20%

$31,760

Closing costs

1%

$1,588

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,126

Total Expenses

$1,843

Mortgage P&I

40%

$842

Property Taxes

10%

$223

Home Insurance

3%

$55

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$234

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