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1400 Miller Dr, Herrin, IL 62948

3 beds • 2 baths • 2519 sqft

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This property looks like a bad Airbnb investment with a projected -13.11% first-year return on $67,560 initial cash invested.

-13.11%

Cash On Cash

2.93%

Cap Rate

0.47

DSCR

$2,018

Rent

-$738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,018 income − $2,756 expenses = $738 out of pocket

Income$2,018Out of Pocket$738Mortgage P&I$1,23461%Property Taxes$50725%Insurance$462%Management$30315%CapEx$814%Maintenance$814%Other$50425%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,560

Downpayment

20%

$47,200

Closing costs

1%

$2,360

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,018

Total Expenses

$2,756

Mortgage P&I

61%

$1,234

Property Taxes

25%

$507

Home Insurance

2%

$46

HOA

0%

$0

Property Management

15%

$303

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$504

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