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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 -7.76% first-year return on $67,560 initial cash invested.

-7.76%

Cash On Cash

4.58%

Cap Rate

0.73

DSCR

$2,597

Rent

-$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,597 income − $3,034 expenses = $437 out of pocket

Income$2,597Out of Pocket$437Mortgage P&I$1,23448%Property Taxes$50720%Insurance$462%Management$39015%CapEx$1044%Maintenance$1044%Other$64925%

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

$2,597

Total Expenses

$3,034

Mortgage P&I

48%

$1,234

Property Taxes

20%

$507

Home Insurance

2%

$46

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$649

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