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2617 Center St, Granite City, IL 62040

3 beds • 2 baths • 1589 sqft

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This property might be a fair Long-Term investment with a projected 8.86% first-year return on $28,707 initial cash invested.

8.86%

Cash On Cash

9.03%

Cap Rate

1.4

DSCR

$1,689

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$137k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,707

Downpayment

20%

$27,340

Closing costs

1%

$1,367

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,689

Total Expenses

$1,477

Mortgage P&I

43%

$733

Property Taxes

15%

$255

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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