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3308 Rawlings Dr, Springfield, IL 62704

3 beds • 2 baths • 1855 sqft

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This property looks like a bad Airbnb investment with a projected -7.16% first-year return on $72,579 initial cash invested.

-7.16%

Cash On Cash

4.43%

Cap Rate

0.75

DSCR

$2,645

Rent

-$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,645

Total Expenses

$3,078

Mortgage P&I

49%

$1,286

Property Taxes

16%

$431

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$397

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$661

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