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41 Riviera Dr, Granite City, IL 62040

3 beds • 2 baths • 1062 sqft

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This property looks like a bad Airbnb investment with a projected -8.58% first-year return on $67,539 initial cash invested.

-8.58%

Cash On Cash

4.33%

Cap Rate

0.68

DSCR

$2,156

Rent

-$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,156 income − $2,639 expenses = $483 out of pocket

Income$2,156Out of Pocket$483Mortgage P&I$1,24958%Property Taxes$27313%Insurance$834%Management$32315%CapEx$864%Maintenance$864%Other$53925%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,156

Total Expenses

$2,639

Mortgage P&I

58%

$1,249

Property Taxes

13%

$273

Home Insurance

4%

$83

HOA

0%

$0

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$539

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