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$2,244 (target)

621 E Garden St, Freeport, IL 61032

3 beds • 2 baths • 1472 sqft

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This property could be a profitable Mid-Term investment with a projected 15% first-year return on $45,279 initial cash invested.

15%

Cash On Cash

12.61%

Cap Rate

1.93

DSCR

$2,244

Rent

$566

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,244 income − $1,678 expenses = $566 cash flow

Income$2,244Mortgage P&I$70932%Property Taxes$1607%Insurance$462%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$566

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,244

Total Expenses

$1,678

Mortgage P&I

32%

$709

Property Taxes

7%

$160

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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