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2406 18th Ave, Rock Island, IL 61201

3 beds • 2 baths • 1486 sqft

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This property looks like a bad Airbnb investment with a projected -8.36% first-year return on $54,813 initial cash invested.

-8.36%

Cash On Cash

4.37%

Cap Rate

0.66

DSCR

$1,413

Rent

-$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,413 income − $1,795 expenses = $382 out of pocket

Income$1,413Out of Pocket$382Mortgage P&I$96468%Property Taxes$896%Insurance$634%Management$21215%CapEx$574%Maintenance$574%Other$35325%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,813

Downpayment

20%

$35,060

Closing costs

1%

$1,753

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,413

Total Expenses

$1,795

Mortgage P&I

68%

$964

Property Taxes

6%

$89

Home Insurance

4%

$63

HOA

0%

$0

Property Management

15%

$212

CapEx

4%

$57

Vacancy

0%

$0

Maintenance

4%

$57

Other

25%

$353

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