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309 Joy Dr, O Fallon, IL 62269

3 beds • 2 baths • 1048 sqft

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This property might be a fair Airbnb investment with a projected 1.98% first-year return on $55,065 initial cash invested.

1.98%

Cash On Cash

7.66%

Cap Rate

1.2

DSCR

$2,504

Rent

$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,504 income − $2,413 expenses = $91 cash flow

Income$2,504Mortgage P&I$93537%Property Taxes$23910%Insurance$371%Management$37615%CapEx$1004%Maintenance$1004%Other$62625%Cash Flow$91

Investment Breakdown

|

Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,065

Downpayment

20%

$35,300

Closing costs

1%

$1,765

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,504

Total Expenses

$2,413

Mortgage P&I

37%

$935

Property Taxes

10%

$239

Home Insurance

1%

$37

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$626

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