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2509 Alfaretta Ave, Alton, IL 62002

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Airbnb investment with a projected -2.12% first-year return on $47,484 initial cash invested.

-2.12%

Cash On Cash

6.28%

Cap Rate

0.98

DSCR

$1,786

Rent

-$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,786 income − $1,870 expenses = $84 out of pocket

Income$1,786Out of Pocket$84Mortgage P&I$74842%Property Taxes$20912%Insurance$573%Management$26815%CapEx$714%Maintenance$714%Other$44625%

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,484

Downpayment

20%

$28,080

Closing costs

1%

$1,404

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,786

Total Expenses

$1,870

Mortgage P&I

42%

$748

Property Taxes

12%

$209

Home Insurance

3%

$57

HOA

0%

$0

Property Management

15%

$268

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$446

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