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318 Cortner Dr, Smithton, IL 62285

3 beds • 3 baths • 2500 sqft

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This property looks like a bad Airbnb investment with a projected -10.38% first-year return on $87,426 initial cash invested.

-10.38%

Cash On Cash

4.07%

Cap Rate

0.64

DSCR

$3,150

Rent

-$756

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,150 income − $3,906 expenses = $756 out of pocket

Income$3,150Out of Pocket$756Mortgage P&I$1,75156%Property Taxes$56418%Insurance$793%Management$47215%CapEx$1264%Maintenance$1264%Other$78825%

Investment Breakdown

|

Purchase Price

$331k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,426

Downpayment

20%

$66,120

Closing costs

1%

$3,306

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,150

Total Expenses

$3,906

Mortgage P&I

56%

$1,751

Property Taxes

18%

$564

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$788

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