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2 Hickory Ln, Carlinville, IL 62626

3 beds • 3 baths • 2421 sqft

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This property might be a fair Airbnb investment with a projected 5.89% first-year return on $64,221 initial cash invested.

5.89%

Cash On Cash

8.48%

Cap Rate

1.4

DSCR

$3,334

Rent

$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,334 income − $3,019 expenses = $315 cash flow

Income$3,334Mortgage P&I$1,10733%Property Taxes$2187%Insurance$943%Management$50015%CapEx$1334%Maintenance$1334%Other$83425%Cash Flow$315

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,221

Downpayment

20%

$44,020

Closing costs

1%

$2,201

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,334

Total Expenses

$3,019

Mortgage P&I

33%

$1,107

Property Taxes

7%

$218

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$500

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$834

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