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109 Glenridge Dr, Collinsville, IL 62234

3 beds • 3 baths • 2288 sqft

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This property looks like a bad Airbnb investment with a projected -8.83% first-year return on $81,399 initial cash invested.

-8.83%

Cash On Cash

3.91%

Cap Rate

0.67

DSCR

$2,600

Rent

-$599

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $3,199 expenses = $599 out of pocket

Income$2,600Out of Pocket$599Mortgage P&I$1,47857%Property Taxes$37314%Insurance$1004%Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,399

Downpayment

20%

$60,380

Closing costs

1%

$3,019

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,600

Total Expenses

$3,199

Mortgage P&I

57%

$1,478

Property Taxes

14%

$373

Home Insurance

4%

$100

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

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