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$2,602 (target)

2309 Hodges Ave, Granite City, IL 62040

3 beds • 2 baths • 1604 sqft

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This property could be a profitable Mid-Term investment with a projected 36.89% first-year return on $35,136 initial cash invested.

36.89%

Cash On Cash

23.93%

Cap Rate

3.67

DSCR

$2,602

Rent

$1,080

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,602 income − $1,522 expenses = $1,080 cash flow

Income$2,602Mortgage P&I$44317%Property Taxes$1506%Insurance$452%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$1,080

Investment Breakdown

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Purchase Price

$81,600

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,136

Downpayment

20%

$16,320

Closing costs

1%

$816

Rehab

0%

$0

Furnishing

22%

$18,000

Cashflow

Total Income

$2,602

Total Expenses

$1,522

Mortgage P&I

17%

$443

Property Taxes

6%

$150

Home Insurance

2%

$45

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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