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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 -13.53% first-year return on $102k initial cash invested.

-13.53%

Cash On Cash

3.02%

Cap Rate

0.5

DSCR

$3,418

Rent

-$1,148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,418 income − $4,566 expenses = $1,148 out of pocket

Income$3,418Out of Pocket$1,148Mortgage P&I$2,01559%Property Taxes$76722%Insurance$1434%Management$51315%CapEx$1374%Maintenance$1374%Other$85425%

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

$3,418

Total Expenses

$4,566

Mortgage P&I

59%

$2,015

Property Taxes

22%

$767

Home Insurance

4%

$143

HOA

0%

$0

Property Management

15%

$513

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$854

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