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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 -20.12% first-year return on $101k initial cash invested.

-20.12%

Cash On Cash

1.12%

Cap Rate

0.19

DSCR

$2,285

Rent

-$1,699

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,285 income − $3,984 expenses = $1,699 out of pocket

Income$2,285Out of Pocket$1,699Mortgage P&I$1,98087%Property Taxes$76734%Insurance$1245%HOA$171%Management$34315%CapEx$914%Maintenance$914%Other$57125%

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

$2,285

Total Expenses

$3,984

Mortgage P&I

87%

$1,980

Property Taxes

34%

$767

Home Insurance

5%

$124

HOA

1%

$17

Property Management

15%

$343

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$571

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