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2416 S 5th St, Springfield, IL 62703

3 beds • 2 baths • 1340 sqft

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This property looks like a bad Airbnb investment with a projected -2.72% first-year return on $48,555 initial cash invested.

-2.72%

Cash On Cash

6.11%

Cap Rate

0.95

DSCR

$1,708

Rent

-$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,708 income − $1,818 expenses = $110 out of pocket

Income$1,708Out of Pocket$110Mortgage P&I$78346%Property Taxes$16410%Insurance$523%Management$25615%CapEx$684%Maintenance$684%Other$42725%

Investment Breakdown

|

Purchase Price

$146k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,555

Downpayment

20%

$29,100

Closing costs

1%

$1,455

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,708

Total Expenses

$1,818

Mortgage P&I

46%

$783

Property Taxes

10%

$164

Home Insurance

3%

$52

HOA

0%

$0

Property Management

15%

$256

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$427

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