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548 Scotch Elm Ln, Galesburg, IL 61401

3 beds • 3 baths • 2536 sqft

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This property might be a fair Airbnb investment with a projected 3.85% first-year return on $57,606 initial cash invested.

3.85%

Cash On Cash

8.35%

Cap Rate

1.3

DSCR

$2,911

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,911 income − $2,726 expenses = $185 cash flow

Income$2,911Mortgage P&I$1,01235%Property Taxes$2689%Insurance$492%Management$43715%CapEx$1164%Maintenance$1164%Other$72825%Cash Flow$185

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,606

Downpayment

20%

$37,720

Closing costs

1%

$1,886

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,911

Total Expenses

$2,726

Mortgage P&I

35%

$1,012

Property Taxes

9%

$268

Home Insurance

2%

$49

HOA

0%

$0

Property Management

15%

$437

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$728

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