Wood River, IL


$ 130,000 - Buy & Hold

3.0 bd | 3.0 ba | 2,179 sqft | 1910 yr | $ 775 Rent

IRR
13.81 %
Yield-on-Cost
8.88 %
Cash on Cash
9.62 %
Net Monthly Cashflow
$335

Description

X73


Buy & Hold Analysis

  • ARV: $130,000
  • Yield-on-Cost: 8.88 %
  • Net Monthly Cashflow: $335
  • Monthly Rent: $775

Financial Analysis

  • Loan Amnt: $ 75,000.00
  • All-in Cost: $ 116,750.00
  • Debt Coverage Ratio: 1.63 %
  • Total Out of Pocket: $ 41,750.00
  • Monthly Mortgage: $ 529.56

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $1,625
  • Vacancy: $465
  • Capex: $0

Financing Assumptions

  • Down Payment: $25,000
  • Interest Rate: 7.60 %
  • Loan Term Months: 360.00
  • Points: $750

Other Assumptions

  • Closing Cost: $ 1,000
  • Rental Holding Period: 4.00


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