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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 -5.3% first-year return on $68,106 initial cash invested.

-5.3%

Cash On Cash

5.48%

Cap Rate

0.86

DSCR

$3,126

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,126 income − $3,427 expenses = $301 out of pocket

Income$3,126Out of Pocket$301Mortgage P&I$1,26640%Property Taxes$57218%Insurance$883%Management$46915%CapEx$1254%Maintenance$1254%Other$78225%

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

$3,126

Total Expenses

$3,427

Mortgage P&I

41%

$1,266

Property Taxes

18%

$572

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$782

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