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9785 Ridge Heights Rd, Fairview Heights, IL 62208
3 beds • 2 baths • 1222 sqft
$275,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -17.89% first-year return on $57,750 initial cash invested.
-17.89%
Cash On Cash
2.75%
Cap Rate
0.44
DSCR
$1,411
Rent
-$861
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,411 income − $2,272 expenses = $861 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,411
Total Expenses
$2,272
Mortgage P&I
101%
$1,420
Property Taxes
28%
$388
Home Insurance
7%
$96
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0