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$2,272 (target)

90 Carriage Hl, Macomb, IL 61455

3 beds • 3 baths • 1276 sqft

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This property could be a profitable Mid-Term investment with a projected 10.85% first-year return on $42,129 initial cash invested.

10.85%

Cash On Cash

11.02%

Cap Rate

1.81

DSCR

$2,272

Rent

$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,272 income − $1,891 expenses = $381 cash flow

Income$2,272Mortgage P&I$58326%Property Taxes$30714%Insurance$402%HOA$1888%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25011%Cash Flow$381

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,129

Downpayment

20%

$22,980

Closing costs

1%

$1,149

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,272

Total Expenses

$1,891

Mortgage P&I

26%

$583

Property Taxes

14%

$307

Home Insurance

2%

$40

HOA

8%

$188

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

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