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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 -4.22% first-year return on $74,490 initial cash invested.

-4.22%

Cash On Cash

5.29%

Cap Rate

0.9

DSCR

$3,282

Rent

-$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,282 income − $3,544 expenses = $262 out of pocket

Income$3,282Out of Pocket$262Mortgage P&I$1,31740%Property Taxes$55917%Insurance$943%Management$49215%CapEx$1314%Maintenance$1314%Other$82025%

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

$3,282

Total Expenses

$3,544

Mortgage P&I

40%

$1,317

Property Taxes

17%

$559

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$492

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$820

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