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330 S State St, Springfield, IL 62704

3 beds • 2 baths • 1938 sqft

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This property could be a profitable Airbnb investment with a projected 21.91% first-year return on $36,858 initial cash invested.

21.91%

Cash On Cash

16.85%

Cap Rate

2.63

DSCR

$2,726

Rent

$673

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$89,800

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,858

Downpayment

20%

$17,960

Closing costs

1%

$898

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$2,726

Total Expenses

$2,053

Mortgage P&I

18%

$479

Property Taxes

7%

$195

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$409

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$682

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