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6201 Westminster Ct, Springfield, IL 62711

4 beds • 4 baths • 3972 sqft

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This property looks like a bad Long-Term investment with a projected -20.63% first-year return on $119k initial cash invested.

-20.63%

Cash On Cash

1.73%

Cap Rate

0.3

DSCR

$2,630

Rent

-$2,040

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$113k

Closing costs

1%

$5,651

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,630

Total Expenses

$4,670

Mortgage P&I

104%

$2,723

Property Taxes

39%

$1,035

Home Insurance

8%

$206

HOA

1%

$21

Property Management

10%

$263

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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Comparable Property

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$1,100

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$2,850

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