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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 4.96% first-year return on $55,380 initial cash invested.

4.96%

Cash On Cash

8.82%

Cap Rate

1.35

DSCR

$2,829

Rent

$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,829 income − $2,600 expenses = $229 cash flow

Income$2,829Mortgage P&I$96634%Property Taxes$2077%Insurance$702%Management$42415%CapEx$1134%Maintenance$1134%Other$70725%Cash Flow$229

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

$2,829

Total Expenses

$2,600

Mortgage P&I

34%

$966

Property Taxes

7%

$207

Home Insurance

2%

$70

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$707

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