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$2,290 (target)

2560 Stratford Ln, Granite City, IL 62040

3 beds • 2 baths • 1764 sqft

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This property might be a fair Mid-Term investment with a projected 5.91% first-year return on $52,629 initial cash invested.

5.91%

Cash On Cash

8.89%

Cap Rate

1.4

DSCR

$2,290

Rent

$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,290 income − $2,031 expenses = $259 cash flow

Income$2,290Mortgage P&I$87138%Property Taxes$30113%Insurance$793%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$259

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,290

Total Expenses

$2,031

Mortgage P&I

38%

$871

Property Taxes

13%

$301

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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