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503 Bainbridge Rd, Marion, IL 62959

3 beds • 2 baths • 1688 sqft

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This property might be a fair Airbnb investment with a projected 0.6% first-year return on $55,968 initial cash invested.

0.6%

Cash On Cash

7.24%

Cap Rate

1.13

DSCR

$2,444

Rent

$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,968

Downpayment

20%

$36,160

Closing costs

1%

$1,808

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,444

Total Expenses

$2,416

Mortgage P&I

39%

$965

Property Taxes

8%

$198

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$611

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