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150 Woodland Dr, Salem, IL 62881

3 beds • 3 baths • 2426 sqft

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This property looks like a bad Airbnb investment with a projected -8.13% first-year return on $72,495 initial cash invested.

-8.13%

Cash On Cash

3.96%

Cap Rate

0.68

DSCR

$2,244

Rent

-$491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,244 income − $2,735 expenses = $491 out of pocket

Income$2,244Out of Pocket$491Mortgage P&I$1,25756%Property Taxes$30614%Insurance$944%Management$33715%CapEx$904%Maintenance$904%Other$56125%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,244

Total Expenses

$2,735

Mortgage P&I

56%

$1,257

Property Taxes

14%

$306

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$337

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$561

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