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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 -0.81% first-year return on $57,606 initial cash invested.

-0.81%

Cash On Cash

6.99%

Cap Rate

1.07

DSCR

$2,741

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,741 income − $2,780 expenses = $39 out of pocket

Income$2,741Out of Pocket$39Mortgage P&I$1,02838%Property Taxes$37314%Insurance$632%Management$41115%CapEx$1104%Maintenance$1104%Other$68525%

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

$2,741

Total Expenses

$2,780

Mortgage P&I

38%

$1,028

Property Taxes

14%

$373

Home Insurance

2%

$63

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$685

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