REI Lense

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$1,765 (target)

7409 Cedar Dr, Godfrey, IL 62035

3 beds • 2 baths • 2082 sqft

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This property looks like a bad Long-Term investment with a projected -3.39% first-year return on $43,869 initial cash invested.

-3.39%

Cash On Cash

6.3%

Cap Rate

0.97

DSCR

$1,765

Rent

-$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,765 income − $1,889 expenses = $124 out of pocket

Income$1,765Out of Pocket$124Mortgage P&I$1,13264%Property Taxes$22413%Insurance$754%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,869

Downpayment

20%

$41,780

Closing costs

1%

$2,089

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,765

Total Expenses

$1,889

Mortgage P&I

64%

$1,132

Property Taxes

13%

$224

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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