REI Lense

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$1,541 (target)

2408 Alby St, Alton, IL 62002

3 beds • 2 baths • 1699 sqft

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This property looks like a bad Long-Term investment with a projected -3.69% first-year return on $37,737 initial cash invested.

-3.69%

Cash On Cash

6.11%

Cap Rate

0.96

DSCR

$1,541

Rent

-$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,541 income − $1,657 expenses = $116 out of pocket

Income$1,541Out of Pocket$116Mortgage P&I$95462%Property Taxes$23916%Insurance$644%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,737

Downpayment

20%

$35,940

Closing costs

1%

$1,797

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,541

Total Expenses

$1,657

Mortgage P&I

62%

$954

Property Taxes

16%

$239

Home Insurance

4%

$64

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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