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$1,845 (target)

925 Bateman St, Galesburg, IL 61401

3 beds • 2 baths • 1320 sqft

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This property could be a profitable Mid-Term investment with a projected 15.84% first-year return on $36,900 initial cash invested.

15.84%

Cash On Cash

13.84%

Cap Rate

2.18

DSCR

$1,845

Rent

$487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,845 income − $1,358 expenses = $487 cash flow

Income$1,845Mortgage P&I$47726%Property Taxes$22212%Insurance$322%Management$22112%CapEx$744%Vacancy$553%Maintenance$744%Other$20311%Cash Flow$487

Investment Breakdown

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Purchase Price

$90,000

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,900

Downpayment

20%

$18,000

Closing costs

1%

$900

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$1,845

Total Expenses

$1,358

Mortgage P&I

26%

$477

Property Taxes

12%

$222

Home Insurance

2%

$32

HOA

0%

$0

Property Management

12%

$221

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$203

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