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$1,497 (target)

669 Maple Ave, Galesburg, IL 61401

3 beds • 2 baths • 996 sqft

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This property could be a profitable Mid-Term investment with a projected 18.16% first-year return on $31,062 initial cash invested.

18.16%

Cash On Cash

16.32%

Cap Rate

2.68

DSCR

$1,497

Rent

$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,497 income − $1,027 expenses = $470 cash flow

Income$1,497Mortgage P&I$31621%Property Taxes$16311%Insurance$383%Management$18012%CapEx$604%Vacancy$453%Maintenance$604%Other$16511%Cash Flow$470

Investment Breakdown

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Purchase Price

$62,200

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,062

Downpayment

20%

$12,440

Closing costs

1%

$622

Rehab

0%

$0

Furnishing

29%

$18,000

Cashflow

Total Income

$1,497

Total Expenses

$1,027

Mortgage P&I

21%

$316

Property Taxes

11%

$163

Home Insurance

3%

$38

HOA

0%

$0

Property Management

12%

$180

CapEx

4%

$60

Vacancy

3%

$45

Maintenance

4%

$60

Other

11%

$165

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