REI Lense

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$1,527 (target)

2560 Stratford Ln, Granite City, IL 62040

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Long-Term investment with a projected -4.19% first-year return on $34,629 initial cash invested.

-4.19%

Cash On Cash

6.01%

Cap Rate

0.95

DSCR

$1,527

Rent

-$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,527 income − $1,648 expenses = $121 out of pocket

Income$1,527Out of Pocket$121Mortgage P&I$87157%Property Taxes$30120%Insurance$795%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,527

Total Expenses

$1,648

Mortgage P&I

57%

$871

Property Taxes

20%

$301

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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