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$2,602 (target)

5209 Carlton Dr, Springfield, IL 62703

3 beds • 2 baths • 1290 sqft

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This property might be a fair Mid-Term investment with a projected 5.63% first-year return on $59,433 initial cash invested.

5.63%

Cash On Cash

8.92%

Cap Rate

1.35

DSCR

$2,602

Rent

$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,602 income − $2,323 expenses = $279 cash flow

Income$2,602Mortgage P&I$1,08342%Property Taxes$27911%Insurance$773%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$279

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,433

Downpayment

20%

$39,460

Closing costs

1%

$1,973

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,602

Total Expenses

$2,323

Mortgage P&I

42%

$1,083

Property Taxes

11%

$279

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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