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3903 Slate Dr, Champaign, IL 61822

4 beds • 3 baths • 1909 sqft

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This property looks like a bad Airbnb investment with a projected -12.82% first-year return on $104k initial cash invested.

-12.82%

Cash On Cash

2.72%

Cap Rate

0.47

DSCR

$3,050

Rent

-$1,106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,050 income − $4,156 expenses = $1,106 out of pocket

Income$3,050Out of Pocket$1,106Mortgage P&I$1,84260%Property Taxes$71824%Insurance$1324%Management$45815%CapEx$1224%Maintenance$1224%Other$76225%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$75,720

Closing costs

1%

$3,786

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,050

Total Expenses

$4,156

Mortgage P&I

60%

$1,842

Property Taxes

24%

$718

Home Insurance

4%

$132

HOA

0%

$0

Property Management

15%

$458

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Slate Escape at Boulder Ridge

$4,500

$269

4

3

0.11 mi

1 Cozy Corner on Sand Dollar Drive

$937

$56

4

3.5

0.18 mi

Relocation 3 bd/2.5 bath, townhouse w fenced yard

$3,446

$206

3

2.5

0.42 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Projection Charts

Investment Value YoY

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