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200 E Boone St, Salem, IL 62881

3 beds • 2 baths • 1747 sqft

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This property might be a fair Airbnb investment with a projected 3.62% first-year return on $55,380 initial cash invested.

3.62%

Cash On Cash

8.37%

Cap Rate

1.28

DSCR

$2,710

Rent

$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,710 income − $2,543 expenses = $167 cash flow

Income$2,710Mortgage P&I$96636%Property Taxes$2078%Insurance$703%Management$40615%CapEx$1084%Maintenance$1084%Other$67825%Cash Flow$167

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,380

Downpayment

20%

$35,600

Closing costs

1%

$1,780

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,710

Total Expenses

$2,543

Mortgage P&I

36%

$966

Property Taxes

8%

$207

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$678

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