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3216 Palomino Ct, Herrin, IL 62948

3 beds • 2 baths • 1641 sqft

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This property looks like a bad Airbnb investment with a projected -9.9% first-year return on $75,855 initial cash invested.

-9.9%

Cash On Cash

3.77%

Cap Rate

0.62

DSCR

$2,514

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,855

Downpayment

20%

$55,100

Closing costs

1%

$2,755

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,514

Total Expenses

$3,140

Mortgage P&I

55%

$1,390

Property Taxes

18%

$444

Home Insurance

4%

$99

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$628

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