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505 W Oakland Ave, Bloomington, IL 61701

3 beds • 2 baths • 2472 sqft

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This property might be a fair Long-Term investment with a projected 2.64% first-year return on $35,469 initial cash invested.

2.64%

Cash On Cash

7.6%

Cap Rate

1.18

DSCR

$1,715

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,469

Downpayment

20%

$33,780

Closing costs

1%

$1,689

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,715

Total Expenses

$1,637

Mortgage P&I

53%

$905

Property Taxes

13%

$224

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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