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1401 Ivywood Dr, Springfield, IL 62704

3 beds • 3 baths • 2550 sqft

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This property looks like a bad Airbnb investment with a projected -6.98% first-year return on $84,276 initial cash invested.

-6.98%

Cash On Cash

4.52%

Cap Rate

0.77

DSCR

$3,164

Rent

-$490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,276

Downpayment

20%

$63,120

Closing costs

1%

$3,156

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,164

Total Expenses

$3,654

Mortgage P&I

49%

$1,553

Property Taxes

15%

$483

Home Insurance

3%

$98

HOA

0%

$0

Property Management

15%

$475

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$791

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