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405 W Forrest Hill Ave, Peoria, IL 61604

3 beds • 2 baths • 1701 sqft

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This property might be a fair Airbnb investment with a projected 4.83% first-year return on $62,121 initial cash invested.

4.83%

Cash On Cash

8.61%

Cap Rate

1.35

DSCR

$3,560

Rent

$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,560 income − $3,310 expenses = $250 cash flow

Income$3,560Mortgage P&I$1,11531%Property Taxes$41212%Insurance$752%Management$53415%CapEx$1424%Maintenance$1424%Other$89025%Cash Flow$250

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,121

Downpayment

20%

$42,020

Closing costs

1%

$2,101

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,560

Total Expenses

$3,310

Mortgage P&I

31%

$1,115

Property Taxes

12%

$412

Home Insurance

2%

$75

HOA

0%

$0

Property Management

15%

$534

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$890

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