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309 E 3rd South St, Mount Olive, IL 62069

3 beds • 2 baths • 1920 sqft

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This property might be a fair Airbnb investment with a projected 0.23% first-year return on $51,075 initial cash invested.

0.23%

Cash On Cash

6.96%

Cap Rate

1.1

DSCR

$1,756

Rent

$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,756 income − $1,746 expenses = $10 cash flow

Income$1,756Mortgage P&I$83347%Property Taxes$161%Insurance$553%Management$26315%CapEx$704%Maintenance$704%Other$43925%Cash Flow$10

Investment Breakdown

|

Purchase Price

$158k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,075

Downpayment

20%

$31,500

Closing costs

1%

$1,575

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,756

Total Expenses

$1,746

Mortgage P&I

47%

$833

Property Taxes

1%

$16

Home Insurance

3%

$55

HOA

0%

$0

Property Management

15%

$263

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$439

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