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4432 Thatcher Rd, Alton, IL 62002

3 beds • 4 baths • 2962 sqft

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This property looks like a bad Airbnb investment with a projected -4.43% first-year return on $88,350 initial cash invested.

-4.43%

Cash On Cash

5.29%

Cap Rate

0.89

DSCR

$3,750

Rent

-$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,750

Total Expenses

$4,076

Mortgage P&I

44%

$1,652

Property Taxes

13%

$499

Home Insurance

3%

$117

HOA

0%

$8

Property Management

15%

$562

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$938

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