REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4632 Magnolia Pl, Alton, IL 62002

3 beds • 3 baths • 2934 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.95% first-year return on $91,605 initial cash invested.

-2.95%

Cash On Cash

5.85%

Cap Rate

0.97

DSCR

$4,174

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,174 income − $4,399 expenses = $225 out of pocket

Income$4,174Out of Pocket$225Mortgage P&I$1,76642%Property Taxes$49112%Insurance$1303%HOA$8Management$62615%CapEx$1674%Maintenance$1674%Other$1,04425%

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,605

Downpayment

20%

$70,100

Closing costs

1%

$3,505

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,174

Total Expenses

$4,399

Mortgage P&I

42%

$1,766

Property Taxes

12%

$491

Home Insurance

3%

$130

HOA

0%

$8

Property Management

15%

$626

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,044

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis