REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1617 Dial Ct, Springfield, IL 62704

3 beds • 2 baths • 1962 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.97% first-year return on $66,258 initial cash invested.

-7.97%

Cash On Cash

4.37%

Cap Rate

0.71

DSCR

$2,484

Rent

-$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,484 income − $2,924 expenses = $440 out of pocket

Income$2,484Out of Pocket$440Mortgage P&I$1,17747%Property Taxes$46719%Insurance$884%Management$37315%CapEx$994%Maintenance$994%Other$62125%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,258

Downpayment

20%

$45,960

Closing costs

1%

$2,298

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,484

Total Expenses

$2,924

Mortgage P&I

47%

$1,177

Property Taxes

19%

$467

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$373

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$621

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis