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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 -2.81% first-year return on $47,484 initial cash invested.

-2.81%

Cash On Cash

6.04%

Cap Rate

0.95

DSCR

$1,738

Rent

-$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,738 income − $1,849 expenses = $111 out of pocket

Income$1,738Out of Pocket$111Mortgage P&I$74843%Property Taxes$20912%Insurance$573%Management$26115%CapEx$704%Maintenance$704%Other$43425%

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

$1,738

Total Expenses

$1,849

Mortgage P&I

43%

$748

Property Taxes

12%

$209

Home Insurance

3%

$57

HOA

0%

$0

Property Management

15%

$261

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$434

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