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2308 Mimosa Dr, Olney, IL 62450

3 beds • 2 baths • 1148 sqft

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This property could be a profitable Airbnb investment with a projected 16.74% first-year return on $38,790 initial cash invested.

16.74%

Cash On Cash

13.64%

Cap Rate

2.28

DSCR

$2,264

Rent

$541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,264 income − $1,723 expenses = $541 cash flow

Income$2,264Mortgage P&I$49322%Property Taxes$1075%Insurance$352%Management$34015%CapEx$914%Maintenance$914%Other$56625%Cash Flow$541

Investment Breakdown

|

Purchase Price

$99,000

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,790

Downpayment

20%

$19,800

Closing costs

1%

$990

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,264

Total Expenses

$1,723

Mortgage P&I

22%

$493

Property Taxes

5%

$107

Home Insurance

2%

$35

HOA

0%

$0

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$566

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