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$2,562 (target)

205 E 12th St, Alton, IL 62002

3 beds • 2 baths • 1098 sqft

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This property might be a fair Mid-Term investment with a projected 2.19% first-year return on $64,179 initial cash invested.

2.19%

Cash On Cash

7.74%

Cap Rate

1.18

DSCR

$2,562

Rent

$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,562 income − $2,445 expenses = $117 cash flow

Income$2,562Mortgage P&I$1,20047%Property Taxes$29812%Insurance$773%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%Cash Flow$117

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,562

Total Expenses

$2,445

Mortgage P&I

47%

$1,200

Property Taxes

12%

$298

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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