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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 Mid-Term investment with a projected -8.05% first-year return on $75,750 initial cash invested.
-8.05%
Cash On Cash
4.35%
Cap Rate
0.7
DSCR
$2,116
Rent
-$508
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,116 income − $2,624 expenses = $508 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,116
Total Expenses
$2,624
Mortgage P&I
67%
$1,420
Property Taxes
18%
$388
Home Insurance
5%
$96
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$63
Maintenance
4%
$85
Other
11%
$233