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$2,834 (target)

515 E Clark Trl, Herrin, IL 62948

3 beds • 2 baths • 1832 sqft

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This property might be a fair Mid-Term investment with a projected 9.73% first-year return on $59,223 initial cash invested.

9.73%

Cash On Cash

9.96%

Cap Rate

1.57

DSCR

$2,834

Rent

$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,834 income − $2,354 expenses = $480 cash flow

Income$2,834Mortgage P&I$1,03737%Property Taxes$30011%Insurance$542%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31211%Cash Flow$480

Investment Breakdown

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Purchase Price

$196k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,223

Downpayment

20%

$39,260

Closing costs

1%

$1,963

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,834

Total Expenses

$2,354

Mortgage P&I

37%

$1,037

Property Taxes

11%

$300

Home Insurance

2%

$54

HOA

0%

$0

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$312

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