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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 -5.78% first-year return on $80,811 initial cash invested.

-5.78%

Cash On Cash

5.02%

Cap Rate

0.82

DSCR

$2,731

Rent

-$389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,731 income − $3,120 expenses = $389 out of pocket

Income$2,731Out of Pocket$389Mortgage P&I$1,53256%Property Taxes$1696%Insurance$1084%Management$41015%CapEx$1094%Maintenance$1094%Other$68325%

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

$2,731

Total Expenses

$3,120

Mortgage P&I

56%

$1,532

Property Taxes

6%

$169

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$683

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