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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 10.41% first-year return on $40,344 initial cash invested.

10.41%

Cash On Cash

10.84%

Cap Rate

1.81

DSCR

$2,021

Rent

$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,021 income − $1,671 expenses = $350 cash flow

Income$2,021Mortgage P&I$53026%Property Taxes$1377%Insurance$342%Management$30315%CapEx$814%Maintenance$814%Other$50525%Cash Flow$350

Investment Breakdown

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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

$2,021

Total Expenses

$1,671

Mortgage P&I

26%

$530

Property Taxes

7%

$137

Home Insurance

2%

$34

HOA

0%

$0

Property Management

15%

$303

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$505

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