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$2,900 (target)

731 Wheeler Ave, South beloit, IL 61080

3 beds • 3 baths • 2130 sqft

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This property could be a profitable Mid-Term investment with a projected 30.01% first-year return on $42,150 initial cash invested.

30.01%

Cash On Cash

18.3%

Cap Rate

3

DSCR

$2,900

Rent

$1,054

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,900 income − $1,846 expenses = $1,054 cash flow

Income$2,900Mortgage P&I$58420%Property Taxes$2368%Insurance$401%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%Cash Flow$1,054

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,150

Downpayment

20%

$23,000

Closing costs

1%

$1,150

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,900

Total Expenses

$1,846

Mortgage P&I

20%

$584

Property Taxes

8%

$236

Home Insurance

1%

$40

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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