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2102 Laurel Park Pl, Champaign, IL 61822

3 beds • 4 baths • 2235 sqft

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This property looks like a bad Airbnb investment with a projected -18.51% first-year return on $119k initial cash invested.

-18.51%

Cash On Cash

1.71%

Cap Rate

0.29

DSCR

$3,100

Rent

-$1,843

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,100 income − $4,943 expenses = $1,843 out of pocket

Income$3,100Out of Pocket$1,843Mortgage P&I$2,40978%Property Taxes$87228%Insurance$1746%Management$46515%CapEx$1244%Maintenance$1244%Other$77525%

Investment Breakdown

|

Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,620

Closing costs

1%

$4,831

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,100

Total Expenses

$4,943

Mortgage P&I

78%

$2,409

Property Taxes

28%

$872

Home Insurance

6%

$174

HOA

0%

$0

Property Management

15%

$465

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$775

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