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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 -14.03% first-year return on $106k initial cash invested.

-14.03%

Cash On Cash

2.93%

Cap Rate

0.48

DSCR

$2,846

Rent

-$1,243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $4,089 expenses = $1,243 out of pocket

Income$2,846Out of Pocket$1,243Mortgage P&I$2,15576%Property Taxes$42815%Insurance$1315%HOA$8Management$42715%CapEx$1144%Maintenance$1144%Other$71225%

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

$2,846

Total Expenses

$4,089

Mortgage P&I

76%

$2,155

Property Taxes

15%

$428

Home Insurance

5%

$131

HOA

0%

$8

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

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