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$1,073 (target)

41 Riviera Dr, Granite City, IL 62040

3 beds • 2 baths • 1062 sqft

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This property looks like a bad Long-Term investment with a projected -19.65% first-year return on $49,539 initial cash invested.

-19.65%

Cash On Cash

2.5%

Cap Rate

0.39

DSCR

$1,073

Rent

-$811

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,073 income − $1,884 expenses = $811 out of pocket

Income$1,073Out of Pocket$811Mortgage P&I$1,249116%Property Taxes$27325%Insurance$838%Management$10710%CapEx$545%Vacancy$646%Maintenance$545%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,073

Total Expenses

$1,884

Mortgage P&I

116%

$1,249

Property Taxes

25%

$273

Home Insurance

8%

$83

HOA

0%

$0

Property Management

10%

$107

CapEx

5%

$54

Vacancy

6%

$64

Maintenance

5%

$54

Other

0%

$0

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