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514 SE 3rd St, Fairfield, IL 62837

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Airbnb investment with a projected 10.05% first-year return on $40,344 initial cash invested.

10.05%

Cash On Cash

10.69%

Cap Rate

1.79

DSCR

$1,999

Rent

$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,999 income − $1,661 expenses = $338 cash flow

Income$1,999Mortgage P&I$53027%Property Taxes$1377%Insurance$342%Management$30015%CapEx$804%Maintenance$804%Other$50025%Cash Flow$338

Investment Breakdown

|

Purchase Price

$106k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,344

Downpayment

20%

$21,280

Closing costs

1%

$1,064

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$1,999

Total Expenses

$1,661

Mortgage P&I

27%

$530

Property Taxes

7%

$137

Home Insurance

2%

$34

HOA

0%

$0

Property Management

15%

$300

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$500

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