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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 -8.21% first-year return on $47,484 initial cash invested.

-8.21%

Cash On Cash

4.07%

Cap Rate

0.64

DSCR

$1,326

Rent

-$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,326 income − $1,651 expenses = $325 out of pocket

Income$1,326Out of Pocket$325Mortgage P&I$74856%Property Taxes$20916%Insurance$574%Management$19915%CapEx$534%Maintenance$534%Other$33225%

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

$1,326

Total Expenses

$1,651

Mortgage P&I

56%

$748

Property Taxes

16%

$209

Home Insurance

4%

$57

HOA

0%

$0

Property Management

15%

$199

CapEx

4%

$53

Vacancy

0%

$0

Maintenance

4%

$53

Other

25%

$332

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