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2060 W Losey St, Galesburg, IL 61401

3 beds • 3 baths • 3164 sqft

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This property looks like a bad Airbnb investment with a projected -11.25% first-year return on $83,100 initial cash invested.

-11.25%

Cash On Cash

3.41%

Cap Rate

0.56

DSCR

$2,481

Rent

-$779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,481 income − $3,260 expenses = $779 out of pocket

Income$2,481Out of Pocket$779Mortgage P&I$1,56263%Property Taxes$40016%Insurance$1084%Management$37215%CapEx$994%Maintenance$994%Other$62025%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,481

Total Expenses

$3,260

Mortgage P&I

63%

$1,562

Property Taxes

16%

$400

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$620

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