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225 Pinecrest Dr, Macomb, IL 61455

3 beds • 2 baths • 1626 sqft

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This property looks like a bad Airbnb investment with a projected -11.67% first-year return on $63,024 initial cash invested.

-11.67%

Cash On Cash

3.57%

Cap Rate

0.55

DSCR

$2,042

Rent

-$613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,042 income − $2,655 expenses = $613 out of pocket

Income$2,042Out of Pocket$613Mortgage P&I$1,16957%Property Taxes$42721%Insurance$794%Management$30615%CapEx$824%Maintenance$824%Other$51025%

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,024

Downpayment

20%

$42,880

Closing costs

1%

$2,144

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,042

Total Expenses

$2,655

Mortgage P&I

57%

$1,169

Property Taxes

21%

$427

Home Insurance

4%

$79

HOA

0%

$0

Property Management

15%

$306

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$510

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