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$2,690 (target)

965 N Metter Ave, Columbia, IL 62236

3 beds • 3 baths • 2353 sqft

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This property might be a fair Mid-Term investment with a projected 3.71% first-year return on $70,227 initial cash invested.

3.71%

Cash On Cash

7.54%

Cap Rate

1.26

DSCR

$2,690

Rent

$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,690 income − $2,473 expenses = $217 cash flow

Income$2,690Mortgage P&I$1,23846%Property Taxes$2118%Insurance$1084%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%Cash Flow$217

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,227

Downpayment

20%

$49,740

Closing costs

1%

$2,487

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,690

Total Expenses

$2,473

Mortgage P&I

46%

$1,238

Property Taxes

8%

$211

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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