REI Lense

REI Lense

Unlock all features! Tap here to upgrade

333 Northwood Ln, Salem, IL 62881

3 beds • 2 baths • 1600 sqft

Email

This property might be a fair Airbnb investment with a projected 1.77% first-year return on $56,325 initial cash invested.

1.77%

Cash On Cash

7.61%

Cap Rate

1.19

DSCR

$2,452

Rent

$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,452 income − $2,369 expenses = $83 cash flow

Income$2,452Mortgage P&I$97640%Property Taxes$1526%Insurance$643%Management$36815%CapEx$984%Maintenance$984%Other$61325%Cash Flow$83

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

$2,452

Total Expenses

$2,369

Mortgage P&I

40%

$976

Property Taxes

6%

$152

Home Insurance

3%

$64

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$613

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis