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547 E South St, Galesburg, IL 61401

3 beds • 2 baths • 1098 sqft

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This property could be a profitable Airbnb investment with a projected 22.73% first-year return on $39,126 initial cash invested.

22.73%

Cash On Cash

16.14%

Cap Rate

2.65

DSCR

$2,518

Rent

$741

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,518 income − $1,777 expenses = $741 cash flow

Income$2,518Mortgage P&I$51120%Property Taxes$382%Insurance$181%Management$37815%CapEx$1014%Maintenance$1014%Other$63025%Cash Flow$741

Investment Breakdown

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Purchase Price

$101k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,126

Downpayment

20%

$20,120

Closing costs

1%

$1,006

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,518

Total Expenses

$1,777

Mortgage P&I

20%

$511

Property Taxes

2%

$38

Home Insurance

1%

$18

HOA

0%

$0

Property Management

15%

$378

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$630

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