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607 N McLaren St, Marion, IL 62959

3 beds • 2 baths • 1776 sqft

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This property might be a fair Airbnb investment with a projected 4% first-year return on $50,340 initial cash invested.

4%

Cash On Cash

8.42%

Cap Rate

1.32

DSCR

$2,295

Rent

$168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,340

Downpayment

20%

$30,800

Closing costs

1%

$1,540

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,295

Total Expenses

$2,127

Mortgage P&I

36%

$821

Property Taxes

7%

$150

Home Insurance

2%

$54

HOA

0%

$0

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$574

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