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907 Fairlane Dr, Marion, IL 62959

3 beds • 2 baths • 1524 sqft

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This property could be a profitable Long-Term investment with a projected 15.57% first-year return on $27,825 initial cash invested.

15.57%

Cash On Cash

10.37%

Cap Rate

1.64

DSCR

$1,744

Rent

$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,825

Downpayment

20%

$26,500

Closing costs

1%

$1,325

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,744

Total Expenses

$1,383

Mortgage P&I

40%

$697

Property Taxes

9%

$159

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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