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$2,979 (target)

548 Scotch Elm Ln, Galesburg, IL 61401

3 beds • 3 baths • 2536 sqft

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This property could be a profitable Mid-Term investment with a projected 13.29% first-year return on $57,606 initial cash invested.

13.29%

Cash On Cash

11.26%

Cap Rate

1.75

DSCR

$2,979

Rent

$638

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $2,341 expenses = $638 cash flow

Income$2,979Mortgage P&I$1,01234%Property Taxes$2689%Insurance$492%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$638

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,606

Downpayment

20%

$37,720

Closing costs

1%

$1,886

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$2,341

Mortgage P&I

34%

$1,012

Property Taxes

9%

$268

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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