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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 -20.74% first-year return on $101k initial cash invested.

-20.74%

Cash On Cash

0.96%

Cap Rate

0.16

DSCR

$2,188

Rent

-$1,751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,188 income − $3,939 expenses = $1,751 out of pocket

Income$2,188Out of Pocket$1,751Mortgage P&I$1,98090%Property Taxes$76735%Insurance$1246%HOA$171%Management$32815%CapEx$884%Maintenance$884%Other$54725%

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

$2,188

Total Expenses

$3,939

Mortgage P&I

90%

$1,980

Property Taxes

35%

$767

Home Insurance

6%

$124

HOA

1%

$17

Property Management

15%

$328

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$547

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