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2808 Wordsworth Dr, Springfield, IL 62711

3 beds • 2 baths • 1553 sqft

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This property looks like a bad Airbnb investment with a projected -1.85% first-year return on $58,341 initial cash invested.

-1.85%

Cash On Cash

6.69%

Cap Rate

1.01

DSCR

$2,433

Rent

-$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,433 income − $2,523 expenses = $90 out of pocket

Income$2,433Out of Pocket$90Mortgage P&I$1,06444%Property Taxes$2149%Insurance$683%HOA$10Management$36515%CapEx$974%Maintenance$974%Other$60825%

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,341

Downpayment

20%

$38,420

Closing costs

1%

$1,921

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,433

Total Expenses

$2,523

Mortgage P&I

44%

$1,064

Property Taxes

9%

$214

Home Insurance

3%

$68

HOA

0%

$10

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

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