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33 Snowbird Ln, Granite City, IL 62040

3 beds • 2 baths • 1460 sqft

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This property looks like a bad Airbnb investment with a projected -11.46% first-year return on $57,606 initial cash invested.

-11.46%

Cash On Cash

3.49%

Cap Rate

0.53

DSCR

$1,758

Rent

-$550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,758 income − $2,308 expenses = $550 out of pocket

Income$1,758Out of Pocket$550Mortgage P&I$1,02858%Property Taxes$37321%Insurance$634%Management$26415%CapEx$704%Maintenance$704%Other$44025%

Investment Breakdown

|

Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,606

Downpayment

20%

$37,720

Closing costs

1%

$1,886

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,758

Total Expenses

$2,308

Mortgage P&I

58%

$1,028

Property Taxes

21%

$373

Home Insurance

4%

$63

HOA

0%

$0

Property Management

15%

$264

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$440

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