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$2,137 (target)

6806 Scenic Byways Ln, Godfrey, IL 62035

3 beds • 2 baths • 1515 sqft

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This property looks like a bad Long-Term investment with a projected -10.9% first-year return on $63,840 initial cash invested.

-10.9%

Cash On Cash

4.33%

Cap Rate

0.7

DSCR

$2,137

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,137 income − $2,717 expenses = $580 out of pocket

Income$2,137Out of Pocket$580Mortgage P&I$1,57174%Property Taxes$44921%Insurance$1125%HOA$291%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,840

Downpayment

20%

$60,800

Closing costs

1%

$3,040

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,137

Total Expenses

$2,717

Mortgage P&I

74%

$1,571

Property Taxes

21%

$449

Home Insurance

5%

$112

HOA

1%

$29

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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