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3548 Cardinal Crossing Blvd, Granite City, IL 62040
3 beds • 2 baths • 1622 sqft
$320,700
View on ZillowThis property looks like a bad Airbnb investment with a projected -9.63% first-year return on $85,347 initial cash invested.
-9.63%
Cash On Cash
3.71%
Cap Rate
0.62
DSCR
$1,993
Rent
-$685
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,993 income − $2,678 expenses = $685 out of pocket
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,347
Downpayment
20%
$64,140
Closing costs
1%
$3,207
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,993
Total Expenses
$2,678
Mortgage P&I
80%
$1,596
Property Taxes
0%
$3
Home Insurance
6%
$122
HOA
0%
$0
Property Management
15%
$299
CapEx
4%
$80
Vacancy
0%
$0
Maintenance
4%
$80
Other
25%
$498