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$2,372 (target)

619 S Surrey Ln, Carbondale, IL 62901

3 beds • 2 baths • 1542 sqft

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This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $55,779 initial cash invested.

1.08%

Cash On Cash

7.42%

Cap Rate

1.15

DSCR

$2,372

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,372 income − $2,322 expenses = $50 cash flow

Income$2,372Mortgage P&I$96841%Property Taxes$48220%Insurance$653%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%Cash Flow$50

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,372

Total Expenses

$2,322

Mortgage P&I

41%

$968

Property Taxes

20%

$482

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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