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2408 Alby St, Alton, IL 62002

3 beds • 2 baths • 1699 sqft

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This property might be a fair Airbnb investment with a projected 3.88% first-year return on $55,737 initial cash invested.

3.88%

Cash On Cash

8.31%

Cap Rate

1.31

DSCR

$2,766

Rent

$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,766 income − $2,586 expenses = $180 cash flow

Income$2,766Mortgage P&I$95434%Property Taxes$2399%Insurance$642%Management$41515%CapEx$1114%Maintenance$1114%Other$69225%Cash Flow$180

Investment Breakdown

|

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

$2,766

Total Expenses

$2,586

Mortgage P&I

34%

$954

Property Taxes

9%

$239

Home Insurance

2%

$64

HOA

0%

$0

Property Management

15%

$415

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$692

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