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1211 Searle Dr, Normal, IL 61761

3 beds • 2 baths • 1076 sqft

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This property looks like a bad Airbnb investment with a projected -9.48% first-year return on $67,056 initial cash invested.

-9.48%

Cash On Cash

4.52%

Cap Rate

0.67

DSCR

$2,346

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,346 income − $2,876 expenses = $530 out of pocket

Income$2,346Out of Pocket$530Mortgage P&I$1,31656%Property Taxes$35015%Insurance$844%Management$35215%CapEx$944%Maintenance$944%Other$58625%

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,056

Downpayment

20%

$46,720

Closing costs

1%

$2,336

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,346

Total Expenses

$2,876

Mortgage P&I

56%

$1,316

Property Taxes

15%

$350

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$586

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