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1228 Cedar Ridge Ct, Collinsville, IL 62234

3 beds • 3 baths • 2068 sqft

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This property could be a profitable Airbnb investment with a projected 11.76% first-year return on $67,350 initial cash invested.

11.76%

Cash On Cash

10.7%

Cap Rate

1.67

DSCR

$4,474

Rent

$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,474 income − $3,814 expenses = $660 cash flow

Income$4,474Mortgage P&I$1,25728%Property Taxes$3287%Insurance$822%Management$67115%CapEx$1794%Maintenance$1794%Other$1,11825%Cash Flow$660

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$4,474

Total Expenses

$3,814

Mortgage P&I

28%

$1,257

Property Taxes

7%

$328

Home Insurance

2%

$82

HOA

0%

$0

Property Management

15%

$671

CapEx

4%

$179

Vacancy

0%

$0

Maintenance

4%

$179

Other

25%

$1,118

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