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1228 Cedar Ridge Ct, Collinsville, IL 62234

3 beds • 3 baths • 2068 sqft

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This property looks like a bad Airbnb investment with a projected -1.03% first-year return on $67,350 initial cash invested.

-1.03%

Cash On Cash

6.76%

Cap Rate

1.05

DSCR

$3,095

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,095 income − $3,153 expenses = $58 out of pocket

Income$3,095Out of Pocket$58Mortgage P&I$1,25741%Property Taxes$32811%Insurance$823%Management$46415%CapEx$1244%Maintenance$1244%Other$77425%

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

$3,095

Total Expenses

$3,153

Mortgage P&I

41%

$1,257

Property Taxes

11%

$328

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$464

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$774

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