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1508 Springfield Rd, East Peoria, IL 61611

3 beds • 2 baths • 1997 sqft

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This property looks like a bad Airbnb investment with a projected -5.44% first-year return on $68,106 initial cash invested.

-5.44%

Cash On Cash

5.44%

Cap Rate

0.85

DSCR

$3,108

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,108 income − $3,417 expenses = $309 out of pocket

Income$3,108Out of Pocket$309Mortgage P&I$1,26641%Property Taxes$57218%Insurance$883%Management$46615%CapEx$1244%Maintenance$1244%Other$77725%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,106

Downpayment

20%

$47,720

Closing costs

1%

$2,386

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,108

Total Expenses

$3,417

Mortgage P&I

41%

$1,266

Property Taxes

18%

$572

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$777

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