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2409 Sutherland Rd, Springfield, IL 62702

3 beds • 2 baths • 1762 sqft

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This property might be a fair Airbnb investment with a projected 3.32% first-year return on $53,490 initial cash invested.

3.32%

Cash On Cash

8.13%

Cap Rate

1.28

DSCR

$2,603

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,603

Total Expenses

$2,455

Mortgage P&I

34%

$893

Property Taxes

10%

$252

Home Insurance

2%

$61

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$651

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Springfield Illinois Getaway. Luxury/Modern.

$5,314

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3

2

0.66 mi

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2

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3

2

0.81 mi

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$3,426

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4

2

0.18 mi

104 W Rancho Del Cerro

$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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