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$2,648 (target)

7409 Cedar Dr, Godfrey, IL 62035

3 beds • 2 baths • 2082 sqft

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This property might be a fair Mid-Term investment with a projected 6.15% first-year return on $61,869 initial cash invested.

6.15%

Cash On Cash

8.93%

Cap Rate

1.37

DSCR

$2,648

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,648 income − $2,331 expenses = $317 cash flow

Income$2,648Mortgage P&I$1,13243%Property Taxes$2248%Insurance$753%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$317

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,869

Downpayment

20%

$41,780

Closing costs

1%

$2,089

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,648

Total Expenses

$2,331

Mortgage P&I

43%

$1,132

Property Taxes

8%

$224

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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