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2562 Lakeshore Dr, Columbia, IL 62236

3 beds • 4 baths • 2600 sqft

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This property looks like a bad Airbnb investment with a projected -14.9% first-year return on $106k initial cash invested.

-14.9%

Cash On Cash

2.69%

Cap Rate

0.44

DSCR

$2,696

Rent

-$1,320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,696 income − $4,016 expenses = $1,320 out of pocket

Income$2,696Out of Pocket$1,320Mortgage P&I$2,15580%Property Taxes$42816%Insurance$1315%HOA$8Management$40415%CapEx$1084%Maintenance$1084%Other$67425%

Investment Breakdown

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Purchase Price

$421k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,120

Closing costs

1%

$4,206

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,696

Total Expenses

$4,016

Mortgage P&I

80%

$2,155

Property Taxes

16%

$428

Home Insurance

5%

$131

HOA

0%

$8

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$674

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