REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2001 Creighton Rd, Springfield, IL 62703

3 beds • 3 baths • 2283 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.11% first-year return on $74,721 initial cash invested.

-11.11%

Cash On Cash

3.75%

Cap Rate

0.59

DSCR

$2,570

Rent

-$692

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,570 income − $3,262 expenses = $692 out of pocket

Income$2,570Out of Pocket$692Mortgage P&I$1,43456%Property Taxes$49819%Insurance$964%Management$38615%CapEx$1034%Maintenance$1034%Other$64225%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,721

Downpayment

20%

$54,020

Closing costs

1%

$2,701

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,570

Total Expenses

$3,262

Mortgage P&I

56%

$1,434

Property Taxes

19%

$498

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis