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$1,462 (target)

901 W Ford Ave, Herrin, IL 62948

3 beds • 2 baths • 1901 sqft

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This property could be a profitable Mid-Term investment with a projected 14.48% first-year return on $32,973 initial cash invested.

14.48%

Cash On Cash

13.77%

Cap Rate

2.26

DSCR

$1,462

Rent

$398

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,462 income − $1,064 expenses = $398 cash flow

Income$1,462Mortgage P&I$36225%Property Taxes$19213%Insurance$141%Management$17512%CapEx$584%Vacancy$443%Maintenance$584%Other$16111%Cash Flow$398

Investment Breakdown

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Purchase Price

$71,300

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,973

Downpayment

20%

$14,260

Closing costs

1%

$713

Rehab

0%

$0

Furnishing

25%

$18,000

Cashflow

Total Income

$1,462

Total Expenses

$1,064

Mortgage P&I

25%

$362

Property Taxes

13%

$192

Home Insurance

1%

$14

HOA

0%

$0

Property Management

12%

$175

CapEx

4%

$58

Vacancy

3%

$44

Maintenance

4%

$58

Other

11%

$161

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