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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 8.09% first-year return on $64,221 initial cash invested.

8.09%

Cash On Cash

9.18%

Cap Rate

1.52

DSCR

$3,564

Rent

$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,564 income − $3,131 expenses = $433 cash flow

Income$3,564Mortgage P&I$1,10731%Property Taxes$2186%Insurance$943%Management$53515%CapEx$1434%Maintenance$1434%Other$89125%Cash Flow$433

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

$3,564

Total Expenses

$3,131

Mortgage P&I

31%

$1,107

Property Taxes

6%

$218

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$535

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$891

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