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2042 W Spring Ridge Dr, Arlington Heights, IL 60004
3 beds • 2 baths • 1660 sqft
$440,300
View on ZillowThis property looks like a bad Long-Term investment with a projected -9.56% first-year return on $92,463 initial cash invested.
-9.56%
Cash On Cash
4.44%
Cap Rate
0.74
DSCR
$3,261
Rent
-$737
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,261 income − $3,998 expenses = $737 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,463
Downpayment
20%
$88,060
Closing costs
1%
$4,403
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,261
Total Expenses
$3,998
Mortgage P&I
68%
$2,202
Property Taxes
24%
$790
Home Insurance
5%
$158
HOA
0%
$0
Property Management
10%
$326
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0