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3634 Mill Rd, Cherry Valley, IL 61016

3 beds • 3 baths • 1326 sqft

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This property could be a profitable Airbnb investment with a projected 14.29% first-year return on $70,479 initial cash invested.

14.29%

Cash On Cash

11.62%

Cap Rate

1.75

DSCR

$4,962

Rent

$839

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,962 income − $4,123 expenses = $839 cash flow

Income$4,962Mortgage P&I$1,38328%Property Taxes$2725%Insurance$882%Management$74415%CapEx$1984%Maintenance$1984%Other$1,24025%Cash Flow$839

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,962

Total Expenses

$4,123

Mortgage P&I

28%

$1,383

Property Taxes

5%

$272

Home Insurance

2%

$88

HOA

0%

$0

Property Management

15%

$744

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,240

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