Unlock all features! Tap here to upgrade
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 -10.02% first-year return on $85,347 initial cash invested.
-10.02%
Cash On Cash
3.59%
Cap Rate
0.6
DSCR
$1,937
Rent
-$713
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,937 income − $2,650 expenses = $713 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
$1,937
Total Expenses
$2,650
Mortgage P&I
82%
$1,596
Property Taxes
0%
$3
Home Insurance
6%
$122
HOA
0%
$0
Property Management
15%
$291
CapEx
4%
$77
Vacancy
0%
$0
Maintenance
4%
$77
Other
25%
$484