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$1,985 (target)

216 W Harrison St, Millstadt, IL 62260

3 beds • 3 baths • 1848 sqft

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This property looks like a bad Long-Term investment with a projected -9.76% first-year return on $57,792 initial cash invested.

-9.76%

Cash On Cash

4.32%

Cap Rate

0.73

DSCR

$1,985

Rent

-$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,985 income − $2,455 expenses = $470 out of pocket

Income$1,985Out of Pocket$470Mortgage P&I$1,36169%Property Taxes$47124%Insurance$1085%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,792

Downpayment

20%

$55,040

Closing costs

1%

$2,752

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,985

Total Expenses

$2,455

Mortgage P&I

69%

$1,361

Property Taxes

24%

$471

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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