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1023 Governor St, Springfield, IL 62704

3 beds • 2 baths • 1666 sqft

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This property might be a fair Airbnb investment with a projected 9.25% first-year return on $40,848 initial cash invested.

9.25%

Cash On Cash

10.91%

Cap Rate

1.69

DSCR

$2,215

Rent

$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,215 income − $1,900 expenses = $315 cash flow

Income$2,215Mortgage P&I$58526%Property Taxes$2039%Insurance$482%Management$33215%CapEx$894%Maintenance$894%Other$55425%Cash Flow$315

Investment Breakdown

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Purchase Price

$109k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,848

Downpayment

20%

$21,760

Closing costs

1%

$1,088

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$2,215

Total Expenses

$1,900

Mortgage P&I

26%

$585

Property Taxes

9%

$203

Home Insurance

2%

$48

HOA

0%

$0

Property Management

15%

$332

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$554

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