REI Lense

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1221 W Lincoln Blvd, Freeport, IL 61032

3 beds • 2 baths • 1338 sqft

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This property looks like a bad Airbnb investment with a projected -8.44% first-year return on $48,345 initial cash invested.

-8.44%

Cash On Cash

3.99%

Cap Rate

0.63

DSCR

$1,362

Rent

-$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,345

Downpayment

20%

$28,900

Closing costs

1%

$1,445

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,362

Total Expenses

$1,702

Mortgage P&I

56%

$767

Property Taxes

17%

$232

Home Insurance

4%

$51

HOA

0%

$0

Property Management

15%

$204

CapEx

4%

$54

Vacancy

0%

$0

Maintenance

4%

$54

Other

25%

$340

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