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3904 Obsidian Dr, Champaign, IL 61822

3 beds • 2 baths • 1515 sqft

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This property looks like a bad Airbnb investment with a projected -14.28% first-year return on $102k initial cash invested.

-14.28%

Cash On Cash

2.82%

Cap Rate

0.46

DSCR

$3,297

Rent

-$1,211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,297 income − $4,508 expenses = $1,211 out of pocket

Income$3,297Out of Pocket$1,211Mortgage P&I$2,01561%Property Taxes$76723%Insurance$1434%Management$49515%CapEx$1324%Maintenance$1324%Other$82425%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,297

Total Expenses

$4,508

Mortgage P&I

61%

$2,015

Property Taxes

23%

$767

Home Insurance

4%

$143

HOA

0%

$0

Property Management

15%

$495

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$824

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