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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 10.51% first-year return on $48,618 initial cash invested.

10.51%

Cash On Cash

10.83%

Cap Rate

1.69

DSCR

$2,746

Rent

$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,746 income − $2,320 expenses = $426 cash flow

Income$2,746Mortgage P&I$78028%Property Taxes$1526%Insurance$703%Management$41215%CapEx$1104%Maintenance$1104%Other$68625%Cash Flow$426

Investment Breakdown

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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

$2,746

Total Expenses

$2,320

Mortgage P&I

28%

$780

Property Taxes

6%

$152

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

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