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$1,971 (target)

620 Pear St, Mount Vernon, IL 62864

3 beds • 2 baths • 1464 sqft

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This property might be a fair Mid-Term investment with a projected 3.13% first-year return on $51,411 initial cash invested.

3.13%

Cash On Cash

8.26%

Cap Rate

1.24

DSCR

$1,971

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,971 income − $1,837 expenses = $134 cash flow

Income$1,971Mortgage P&I$88245%Property Taxes$23012%Insurance$543%Management$23712%CapEx$794%Vacancy$593%Maintenance$794%Other$21711%Cash Flow$134

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,411

Downpayment

20%

$31,820

Closing costs

1%

$1,591

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,971

Total Expenses

$1,837

Mortgage P&I

45%

$882

Property Taxes

12%

$230

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$237

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$217

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