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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 1.15% first-year return on $56,325 initial cash invested.

1.15%

Cash On Cash

7.4%

Cap Rate

1.15

DSCR

$2,396

Rent

$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,396 income − $2,342 expenses = $54 cash flow

Income$2,396Mortgage P&I$97641%Property Taxes$1526%Insurance$643%Management$35915%CapEx$964%Maintenance$964%Other$59925%Cash Flow$54

Investment Breakdown

|

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

$2,396

Total Expenses

$2,342

Mortgage P&I

41%

$976

Property Taxes

6%

$152

Home Insurance

3%

$64

HOA

0%

$0

Property Management

15%

$359

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$599

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