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This property looks like a bad Long-Term investment with a projected -17.74% first-year return on $66,276 initial cash invested.
-17.74%
Cash On Cash
2.48%
Cap Rate
0.42
DSCR
$1,560
Rent
-$980
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,276
Downpayment
20%
$63,120
Closing costs
1%
$3,156
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,560
Total Expenses
$2,540
Mortgage P&I
100%
$1,553
Property Taxes
31%
$483
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
2616 Bennington Dr, Springfield, IL 62704 | $2,350 | 3 | 2 | 2203 | 1.2 mi |
505 S New St, Springfield, IL 62704 | $1,300 | 3 | 2 | 2200 | 1.7 mi |
1812 S Spring St, Springfield, IL 62704 | $1,350 | 3 | 2 | 2000 | 1.1 mi |
2557 S 6th St, Springfield, IL 62703 | $1,450 | 3 | 2 | 2035 | 1.5 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality