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2210 Broadway, Highland, IL 62249

3 beds • 3 baths • 1812 sqft

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This property looks like a bad Airbnb investment with a projected -3.3% first-year return on $70,500 initial cash invested.

-3.3%

Cash On Cash

6%

Cap Rate

0.94

DSCR

$3,037

Rent

-$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,037 income − $3,231 expenses = $194 out of pocket

Income$3,037Out of Pocket$194Mortgage P&I$1,32244%Property Taxes$36412%Insurance$883%Management$45615%CapEx$1214%Maintenance$1214%Other$75925%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,037

Total Expenses

$3,231

Mortgage P&I

44%

$1,322

Property Taxes

12%

$364

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$456

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$759

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