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$1,806 (target)

824 Pace Ave, Mount Vernon, IL 62864

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Mid-Term investment with a projected -6.76% first-year return on $52,902 initial cash invested.

-6.76%

Cash On Cash

4.71%

Cap Rate

0.74

DSCR

$1,806

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,806 income − $2,104 expenses = $298 out of pocket

Income$1,806Out of Pocket$298Mortgage P&I$87849%Property Taxes$55331%Insurance$593%Management$21712%CapEx$724%Vacancy$543%Maintenance$724%Other$19911%

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,902

Downpayment

20%

$33,240

Closing costs

1%

$1,662

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,806

Total Expenses

$2,104

Mortgage P&I

49%

$878

Property Taxes

31%

$553

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$217

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$199

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