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$2,594 (target)

3300 Colgate Pl, Granite City, IL 62040

3 beds • 2 baths • 1452 sqft

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This property might be a fair Mid-Term investment with a projected 1.81% first-year return on $60,987 initial cash invested.

1.81%

Cash On Cash

7.62%

Cap Rate

1.18

DSCR

$2,594

Rent

$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,594 income − $2,502 expenses = $92 cash flow

Income$2,594Mortgage P&I$1,10343%Property Taxes$44417%Insurance$733%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$92

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,987

Downpayment

20%

$40,940

Closing costs

1%

$2,047

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,594

Total Expenses

$2,502

Mortgage P&I

43%

$1,103

Property Taxes

17%

$444

Home Insurance

3%

$73

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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