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$3,766 (target)

87 Morningside Dr, Glen Carbon, IL 62034

3 beds • 3 baths • 1692 sqft

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This property might be a fair Mid-Term investment with a projected 7.36% first-year return on $75,624 initial cash invested.

7.36%

Cash On Cash

9.05%

Cap Rate

1.42

DSCR

$3,766

Rent

$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,766 income − $3,302 expenses = $464 cash flow

Income$3,766Mortgage P&I$1,45439%Property Taxes$46012%Insurance$1033%HOA$4Management$45212%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41411%Cash Flow$464

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,624

Downpayment

20%

$54,880

Closing costs

1%

$2,744

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,766

Total Expenses

$3,302

Mortgage P&I

39%

$1,454

Property Taxes

12%

$460

Home Insurance

3%

$103

HOA

0%

$4

Property Management

12%

$452

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$414

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