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6201 Westminster Ct, Springfield, IL 62711

4 beds • 4 baths • 3972 sqft

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This property looks like a bad Airbnb investment with a projected -18.58% first-year return on $143k initial cash invested.

-18.58%

Cash On Cash

1.38%

Cap Rate

0.24

DSCR

$3,417

Rent

-$2,209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$113k

Closing costs

1%

$5,651

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,417

Total Expenses

$5,626

Mortgage P&I

80%

$2,723

Property Taxes

30%

$1,035

Home Insurance

6%

$206

HOA

1%

$21

Property Management

15%

$513

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$854

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ADR

Beds

Baths

Distance

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4

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4

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2

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5

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2

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0.9 mi

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5

4

0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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5

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