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2303 Mimosa Dr, Olney, IL 62450

3 beds • 2 baths • 1988 sqft

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This property might be a fair Airbnb investment with a projected 9.39% first-year return on $44,607 initial cash invested.

9.39%

Cash On Cash

10.26%

Cap Rate

1.68

DSCR

$2,264

Rent

$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,264 income − $1,915 expenses = $349 cash flow

Income$2,264Mortgage P&I$64328%Property Taxes$1476%Insurance$372%Management$34015%CapEx$914%Maintenance$914%Other$56625%Cash Flow$349

Investment Breakdown

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Purchase Price

$127k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,607

Downpayment

20%

$25,340

Closing costs

1%

$1,267

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,264

Total Expenses

$1,915

Mortgage P&I

28%

$643

Property Taxes

6%

$147

Home Insurance

2%

$37

HOA

0%

$0

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$566

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