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$2,499 (target)

612 S Polk St, Millstadt, IL 62260

3 beds • 2 baths • 2228 sqft

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This property might be a fair Mid-Term investment with a projected 3.68% first-year return on $65,250 initial cash invested.

3.68%

Cash On Cash

7.94%

Cap Rate

1.25

DSCR

$2,499

Rent

$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,499 income − $2,299 expenses = $200 cash flow

Income$2,499Mortgage P&I$1,18848%Property Taxes$1827%Insurance$793%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$200

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,499

Total Expenses

$2,299

Mortgage P&I

48%

$1,188

Property Taxes

7%

$182

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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