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$3,730 (target)

648 S Liberty St, Elgin, IL 60120

3 beds • 2 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 9.86% first-year return on $74,238 initial cash invested.

9.86%

Cash On Cash

9.95%

Cap Rate

1.52

DSCR

$3,730

Rent

$610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,730 income − $3,120 expenses = $610 cash flow

Income$3,730Mortgage P&I$1,46139%Property Taxes$3259%Insurance$662%Management$44812%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41011%Cash Flow$610

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,238

Downpayment

20%

$53,560

Closing costs

1%

$2,678

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,730

Total Expenses

$3,120

Mortgage P&I

39%

$1,461

Property Taxes

9%

$325

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$448

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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