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603 W Indiana Ave, Urbana, IL 61801

3 beds • 2 baths • 1588 sqft

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This property looks like a bad Airbnb investment with a projected -11.7% first-year return on $87,300 initial cash invested.

-11.7%

Cash On Cash

3.16%

Cap Rate

0.54

DSCR

$3,060

Rent

-$851

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,060 income − $3,911 expenses = $851 out of pocket

Income$3,060Out of Pocket$851Mortgage P&I$1,59752%Property Taxes$72724%Insurance$1194%Management$45915%CapEx$1224%Maintenance$1224%Other$76525%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,060

Total Expenses

$3,911

Mortgage P&I

52%

$1,597

Property Taxes

24%

$727

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$459

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$765

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