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1228 Cedar Ridge Ct, Collinsville, IL 62234

3 beds • 3 baths • 2068 sqft

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This property might be a fair Airbnb investment with a projected 2.8% first-year return on $67,350 initial cash invested.

2.8%

Cash On Cash

7.94%

Cap Rate

1.24

DSCR

$3,506

Rent

$157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,506 income − $3,349 expenses = $157 cash flow

Income$3,506Mortgage P&I$1,25736%Property Taxes$3289%Insurance$822%Management$52615%CapEx$1404%Maintenance$1404%Other$87625%Cash Flow$157

Investment Breakdown

|

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

$3,506

Total Expenses

$3,349

Mortgage P&I

36%

$1,257

Property Taxes

9%

$328

Home Insurance

2%

$82

HOA

0%

$0

Property Management

15%

$526

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$876

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