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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 -3.78% first-year return on $48,555 initial cash invested.

-3.78%

Cash On Cash

5.73%

Cap Rate

0.89

DSCR

$1,627

Rent

-$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,627 income − $1,780 expenses = $153 out of pocket

Income$1,627Out of Pocket$153Mortgage P&I$78348%Property Taxes$16410%Insurance$523%Management$24415%CapEx$654%Maintenance$654%Other$40725%

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

$1,627

Total Expenses

$1,780

Mortgage P&I

48%

$783

Property Taxes

10%

$164

Home Insurance

3%

$52

HOA

0%

$0

Property Management

15%

$244

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$407

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