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1617 Dial Ct, Springfield, IL 62704

3 beds • 2 baths • 1962 sqft

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This property looks like a bad Airbnb investment with a projected -7.24% first-year return on $66,258 initial cash invested.

-7.24%

Cash On Cash

4.59%

Cap Rate

0.75

DSCR

$2,560

Rent

-$400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,960 expenses = $400 out of pocket

Income$2,560Out of Pocket$400Mortgage P&I$1,17746%Property Taxes$46718%Insurance$883%Management$38415%CapEx$1024%Maintenance$1024%Other$64025%

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

$2,560

Total Expenses

$2,960

Mortgage P&I

46%

$1,177

Property Taxes

18%

$467

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$384

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$640

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