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$2,790 (target)

9 Paul Dr, Granite City, IL 62040

3 beds • 2 baths • 1888 sqft

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This property could be a profitable Mid-Term investment with a projected 17.74% first-year return on $51,537 initial cash invested.

17.74%

Cash On Cash

12.98%

Cap Rate

2.02

DSCR

$2,790

Rent

$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,790 income − $2,028 expenses = $762 cash flow

Income$2,790Mortgage P&I$85431%Property Taxes$1726%Insurance$522%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$762

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,537

Downpayment

20%

$31,940

Closing costs

1%

$1,597

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,790

Total Expenses

$2,028

Mortgage P&I

31%

$854

Property Taxes

6%

$172

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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