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4305 Briarcliff Dr, Alton, IL 62002

3 beds • 2 baths • 2351 sqft

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This property looks like a bad Airbnb investment with a projected -12.74% first-year return on $70,248 initial cash invested.

-12.74%

Cash On Cash

3.47%

Cap Rate

0.52

DSCR

$2,106

Rent

-$746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,106 income − $2,852 expenses = $746 out of pocket

Income$2,106Out of Pocket$746Mortgage P&I$1,38266%Property Taxes$35517%Insurance$884%HOA$171%Management$31615%CapEx$844%Maintenance$844%Other$52625%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,248

Downpayment

20%

$49,760

Closing costs

1%

$2,488

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,106

Total Expenses

$2,852

Mortgage P&I

66%

$1,382

Property Taxes

17%

$355

Home Insurance

4%

$88

HOA

1%

$17

Property Management

15%

$316

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$526

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