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$2,296 (target)

915 16th St, Mendota, IL 61342

3 beds • 2 baths • 1187 sqft

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This property could be a profitable Mid-Term investment with a projected 15.33% first-year return on $44,229 initial cash invested.

15.33%

Cash On Cash

12.4%

Cap Rate

2.04

DSCR

$2,296

Rent

$565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $1,731 expenses = $565 cash flow

Income$2,296Mortgage P&I$63428%Property Taxes$27112%Insurance$442%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$565

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,229

Downpayment

20%

$24,980

Closing costs

1%

$1,249

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,296

Total Expenses

$1,731

Mortgage P&I

28%

$634

Property Taxes

12%

$271

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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