REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,650 (target)

41 Steelecrest Ln, Granite City, IL 62040

3 beds • 2 baths • 1450 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.84% first-year return on $54,582 initial cash invested.

8.84%

Cash On Cash

10.03%

Cap Rate

1.54

DSCR

$2,650

Rent

$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,650 income − $2,248 expenses = $402 cash flow

Income$2,650Mortgage P&I$94836%Property Taxes$34213%Insurance$562%Management$31812%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%Cash Flow$402

Investment Breakdown

|

Purchase Price

$174k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,582

Downpayment

20%

$34,840

Closing costs

1%

$1,742

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,650

Total Expenses

$2,248

Mortgage P&I

36%

$948

Property Taxes

13%

$342

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis