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1816 Parkfield Dr, Pekin, IL 61554

3 beds • 2 baths • 1498 sqft

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This property looks like a bad Airbnb investment with a projected -3.58% first-year return on $74,490 initial cash invested.

-3.58%

Cash On Cash

5.49%

Cap Rate

0.93

DSCR

$3,364

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,364 income − $3,586 expenses = $222 out of pocket

Income$3,364Out of Pocket$222Mortgage P&I$1,31739%Property Taxes$55917%Insurance$943%Management$50515%CapEx$1354%Maintenance$1354%Other$84125%

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,364

Total Expenses

$3,586

Mortgage P&I

39%

$1,317

Property Taxes

17%

$559

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$841

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