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$2,904 (target)

7 Magnolia Ct, Putnam, IL 61560

3 beds • 2 baths • 1750 sqft

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This property might be a fair Mid-Term investment with a projected 4.78% first-year return on $62,016 initial cash invested.

4.78%

Cash On Cash

8.63%

Cap Rate

1.32

DSCR

$2,904

Rent

$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,904 income − $2,657 expenses = $247 cash flow

Income$2,904Mortgage P&I$1,14439%Property Taxes$38913%Insurance$702%HOA$682%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%Cash Flow$247

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,016

Downpayment

20%

$41,920

Closing costs

1%

$2,096

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$2,657

Mortgage P&I

39%

$1,144

Property Taxes

13%

$389

Home Insurance

2%

$70

HOA

2%

$68

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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