REI Lense

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$2,217 (target)

2330 Lynch Ave, Granite City, IL 62040

3 beds • 2 baths • 1412 sqft

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This property might be a fair Mid-Term investment with a projected 5.38% first-year return on $53,553 initial cash invested.

5.38%

Cash On Cash

8.78%

Cap Rate

1.36

DSCR

$2,217

Rent

$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,217 income − $1,977 expenses = $240 cash flow

Income$2,217Mortgage P&I$91041%Property Taxes$24911%Insurance$633%Management$26612%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$240

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,553

Downpayment

20%

$33,860

Closing costs

1%

$1,693

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,217

Total Expenses

$1,977

Mortgage P&I

41%

$910

Property Taxes

11%

$249

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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