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$1,767 (target)

41 Steelecrest Ln, Granite City, IL 62040

3 beds • 2 baths • 1450 sqft

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This property looks like a bad Long-Term investment with a projected -1.25% first-year return on $36,582 initial cash invested.

-1.25%

Cash On Cash

6.87%

Cap Rate

1.05

DSCR

$1,767

Rent

-$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,767 income − $1,805 expenses = $38 out of pocket

Income$1,767Out of Pocket$38Mortgage P&I$94854%Property Taxes$34219%Insurance$563%Management$17710%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$174k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,582

Downpayment

20%

$34,840

Closing costs

1%

$1,742

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,767

Total Expenses

$1,805

Mortgage P&I

54%

$948

Property Taxes

19%

$342

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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