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1743 Spartan Dr, Chatham, IL 62629

3 beds • 2 baths • 1653 sqft

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This property looks like a bad Airbnb investment with a projected -21.04% first-year return on $101k initial cash invested.

-21.04%

Cash On Cash

0.87%

Cap Rate

0.15

DSCR

$2,138

Rent

-$1,777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,138 income − $3,915 expenses = $1,777 out of pocket

Income$2,138Out of Pocket$1,777Mortgage P&I$1,98093%Property Taxes$76736%Insurance$1246%HOA$171%Management$32115%CapEx$864%Maintenance$864%Other$53425%

Investment Breakdown

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Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,360

Closing costs

1%

$3,968

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,138

Total Expenses

$3,915

Mortgage P&I

93%

$1,980

Property Taxes

36%

$767

Home Insurance

6%

$124

HOA

1%

$17

Property Management

15%

$321

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$534

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