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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 -9.2% first-year return on $67,539 initial cash invested.

-9.2%

Cash On Cash

4.15%

Cap Rate

0.65

DSCR

$2,092

Rent

-$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,092 income − $2,610 expenses = $518 out of pocket

Income$2,092Out of Pocket$518Mortgage P&I$1,24960%Property Taxes$27313%Insurance$834%Management$31415%CapEx$844%Maintenance$844%Other$52325%

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

$2,092

Total Expenses

$2,610

Mortgage P&I

60%

$1,249

Property Taxes

13%

$273

Home Insurance

4%

$83

HOA

0%

$0

Property Management

15%

$314

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$523

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