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$2,938 (target)

3000 Alby St, Alton, IL 62002

3 beds • 2 baths • 1864 sqft

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This property could be a profitable Mid-Term investment with a projected 12.38% first-year return on $59,244 initial cash invested.

12.38%

Cash On Cash

10.97%

Cap Rate

1.68

DSCR

$2,938

Rent

$611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,938 income − $2,327 expenses = $611 cash flow

Income$2,938Mortgage P&I$1,06636%Property Taxes$1927%Insurance$692%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32311%Cash Flow$611

Investment Breakdown

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Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,244

Downpayment

20%

$39,280

Closing costs

1%

$1,964

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,938

Total Expenses

$2,327

Mortgage P&I

36%

$1,066

Property Taxes

7%

$192

Home Insurance

2%

$69

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$323

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