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$1,982 (target)

3415 Frank Scott Pkwy W, Belleville, IL 62223

3 beds • 3 baths • 1175 sqft

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This property looks like a bad Mid-Term investment with a projected -7.16% first-year return on $75,120 initial cash invested.

-7.16%

Cash On Cash

4.52%

Cap Rate

0.74

DSCR

$1,982

Rent

-$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,982 income − $2,430 expenses = $448 out of pocket

Income$1,982Out of Pocket$448Mortgage P&I$1,39370%Property Taxes$26914%Insurance$955%Management$23812%CapEx$794%Vacancy$593%Maintenance$794%Other$21811%

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,120

Downpayment

20%

$54,400

Closing costs

1%

$2,720

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,982

Total Expenses

$2,430

Mortgage P&I

70%

$1,393

Property Taxes

14%

$269

Home Insurance

5%

$95

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$218

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