REI Lense

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$1,610 (target)

41 Riviera Dr, Granite City, IL 62040

3 beds • 2 baths • 1062 sqft

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This property looks like a bad Mid-Term investment with a projected -9.61% first-year return on $67,539 initial cash invested.

-9.61%

Cash On Cash

3.93%

Cap Rate

0.62

DSCR

$1,610

Rent

-$541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,610 income − $2,151 expenses = $541 out of pocket

Income$1,610Out of Pocket$541Mortgage P&I$1,24978%Property Taxes$27317%Insurance$835%Management$19312%CapEx$644%Vacancy$483%Maintenance$644%Other$17711%

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,610

Total Expenses

$2,151

Mortgage P&I

78%

$1,249

Property Taxes

17%

$273

Home Insurance

5%

$83

HOA

0%

$0

Property Management

12%

$193

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$177

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