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1369 N Prairie St, Galesburg, IL 61401

3 beds • 4 baths • 2140 sqft

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This property looks like a bad Airbnb investment with a projected -5.36% first-year return on $59,979 initial cash invested.

-5.36%

Cash On Cash

5.3%

Cap Rate

0.84

DSCR

$2,358

Rent

-$268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,358 income − $2,626 expenses = $268 out of pocket

Income$2,358Out of Pocket$268Mortgage P&I$1,05745%Property Taxes$36716%Insurance$703%Management$35415%CapEx$944%Maintenance$944%Other$59025%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,358

Total Expenses

$2,626

Mortgage P&I

45%

$1,057

Property Taxes

16%

$367

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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