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1612 230th Ave, Galesburg, IL 61401

3 beds • 2 baths • 1532 sqft

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This property could be a profitable Airbnb investment with a projected 12.74% first-year return on $48,618 initial cash invested.

12.74%

Cash On Cash

11.63%

Cap Rate

1.81

DSCR

$2,920

Rent

$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,920 income − $2,404 expenses = $516 cash flow

Income$2,920Mortgage P&I$78027%Property Taxes$1525%Insurance$702%Management$43815%CapEx$1174%Maintenance$1174%Other$73025%Cash Flow$516

Investment Breakdown

|

Purchase Price

$146k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,618

Downpayment

20%

$29,160

Closing costs

1%

$1,458

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,920

Total Expenses

$2,404

Mortgage P&I

27%

$780

Property Taxes

5%

$152

Home Insurance

2%

$70

HOA

0%

$0

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$730

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