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1620 Hoechester Rd, Springfield, IL 62712

3 beds • 3 baths • 2578 sqft

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This property looks like a bad Airbnb investment with a projected -22.12% first-year return on $99,039 initial cash invested.

-22.12%

Cash On Cash

1.37%

Cap Rate

0.2

DSCR

$2,218

Rent

-$1,826

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,218 income − $4,044 expenses = $1,826 out of pocket

Income$2,218Out of Pocket$1,826Mortgage P&I$2,17998%Property Taxes$66030%Insurance$1406%Management$33315%CapEx$894%Maintenance$894%Other$55425%

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,039

Downpayment

20%

$77,180

Closing costs

1%

$3,859

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,218

Total Expenses

$4,044

Mortgage P&I

98%

$2,179

Property Taxes

30%

$660

Home Insurance

6%

$140

HOA

0%

$0

Property Management

15%

$333

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$554

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