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26 Wind Cave Dr, Springfield, IL 62712

3 beds • 3 baths • 1800 sqft

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This property looks like a bad Airbnb investment with a projected -6.61% first-year return on $85,914 initial cash invested.

-6.61%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$3,189

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,189 income − $3,662 expenses = $473 out of pocket

Income$3,189Out of Pocket$473Mortgage P&I$1,61751%Property Taxes$38712%Insurance$1174%HOA$10Management$47815%CapEx$1284%Maintenance$1284%Other$79725%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,914

Downpayment

20%

$64,680

Closing costs

1%

$3,234

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,189

Total Expenses

$3,662

Mortgage P&I

51%

$1,617

Property Taxes

12%

$387

Home Insurance

4%

$117

HOA

0%

$10

Property Management

15%

$478

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$797

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