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$2,312 (target)

2408 Alby St, Alton, IL 62002

3 beds • 2 baths • 1699 sqft

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This property might be a fair Mid-Term investment with a projected 5.83% first-year return on $55,737 initial cash invested.

5.83%

Cash On Cash

8.79%

Cap Rate

1.38

DSCR

$2,312

Rent

$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,312 income − $2,041 expenses = $271 cash flow

Income$2,312Mortgage P&I$95441%Property Taxes$23910%Insurance$643%Management$27712%CapEx$924%Vacancy$693%Maintenance$924%Other$25411%Cash Flow$271

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,737

Downpayment

20%

$35,940

Closing costs

1%

$1,797

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,312

Total Expenses

$2,041

Mortgage P&I

41%

$954

Property Taxes

10%

$239

Home Insurance

3%

$64

HOA

0%

$0

Property Management

12%

$277

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$254

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