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3241 Frese Dr, Quincy, IL 62305

3 beds • 2 baths • 2830 sqft

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This property looks like a bad Airbnb investment with a projected -6.19% first-year return on $80,811 initial cash invested.

-6.19%

Cash On Cash

4.9%

Cap Rate

0.8

DSCR

$2,678

Rent

-$417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $3,095 expenses = $417 out of pocket

Income$2,678Out of Pocket$417Mortgage P&I$1,53257%Property Taxes$1696%Insurance$1084%Management$40215%CapEx$1074%Maintenance$1074%Other$67025%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,811

Downpayment

20%

$59,820

Closing costs

1%

$2,991

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,678

Total Expenses

$3,095

Mortgage P&I

57%

$1,532

Property Taxes

6%

$169

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

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