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318 N Whitney Ln, Marion, IL 62959

3 beds • 2 baths • 1751 sqft

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This property looks like a bad Airbnb investment with a projected -10.84% first-year return on $78,795 initial cash invested.

-10.84%

Cash On Cash

3.35%

Cap Rate

0.57

DSCR

$2,398

Rent

-$712

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,795

Downpayment

20%

$57,900

Closing costs

1%

$2,895

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,398

Total Expenses

$3,110

Mortgage P&I

59%

$1,424

Property Taxes

18%

$429

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

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