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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 -4.58% first-year return on $68,106 initial cash invested.

-4.58%

Cash On Cash

5.7%

Cap Rate

0.9

DSCR

$3,202

Rent

-$260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,202 income − $3,462 expenses = $260 out of pocket

Income$3,202Out of Pocket$260Mortgage P&I$1,26640%Property Taxes$57218%Insurance$883%Management$48015%CapEx$1284%Maintenance$1284%Other$80025%

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

$3,202

Total Expenses

$3,462

Mortgage P&I

40%

$1,266

Property Taxes

18%

$572

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$480

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$800

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