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333 Northwood Ln, Salem, IL 62881

3 beds • 2 baths • 1600 sqft

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This property might be a fair Airbnb investment with a projected 1.56% first-year return on $56,325 initial cash invested.

1.56%

Cash On Cash

7.54%

Cap Rate

1.17

DSCR

$2,432

Rent

$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,432 income − $2,359 expenses = $73 cash flow

Income$2,432Mortgage P&I$97640%Property Taxes$1526%Insurance$643%Management$36515%CapEx$974%Maintenance$974%Other$60825%Cash Flow$73

Investment Breakdown

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Purchase Price

$183k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,325

Downpayment

20%

$36,500

Closing costs

1%

$1,825

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,432

Total Expenses

$2,359

Mortgage P&I

40%

$976

Property Taxes

6%

$152

Home Insurance

3%

$64

HOA

0%

$0

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

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