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$2,799 (target)

6607 Wenzel Rd, Alton, IL 62002

3 beds • 2 baths • 2170 sqft

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This property might be a fair Mid-Term investment with a projected 3.22% first-year return on $73,440 initial cash invested.

3.22%

Cash On Cash

7.44%

Cap Rate

1.23

DSCR

$2,799

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,799 income − $2,602 expenses = $197 cash flow

Income$2,799Mortgage P&I$1,32747%Property Taxes$2278%Insurance$963%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$197

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,440

Downpayment

20%

$52,800

Closing costs

1%

$2,640

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,799

Total Expenses

$2,602

Mortgage P&I

47%

$1,327

Property Taxes

8%

$227

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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