REI Lense

REI Lense

Unlock all features! Tap here to upgrade

200 E Boone St, Salem, IL 62881

3 beds • 2 baths • 1747 sqft

Email

This property might be a fair Airbnb investment with a projected 0.67% first-year return on $55,380 initial cash invested.

0.67%

Cash On Cash

7.38%

Cap Rate

1.13

DSCR

$2,450

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,450 income − $2,419 expenses = $31 cash flow

Income$2,450Mortgage P&I$96639%Property Taxes$2078%Insurance$703%Management$36815%CapEx$984%Maintenance$984%Other$61225%Cash Flow$31

Investment Breakdown

|

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

$2,450

Total Expenses

$2,419

Mortgage P&I

39%

$966

Property Taxes

8%

$207

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis