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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 -5.24% first-year return on $59,979 initial cash invested.

-5.24%

Cash On Cash

5.34%

Cap Rate

0.84

DSCR

$2,369

Rent

-$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,369 income − $2,631 expenses = $262 out of pocket

Income$2,369Out of Pocket$262Mortgage P&I$1,05745%Property Taxes$36715%Insurance$703%Management$35515%CapEx$954%Maintenance$954%Other$59225%

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

$2,369

Total Expenses

$2,631

Mortgage P&I

45%

$1,057

Property Taxes

15%

$367

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$592

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