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6247 Crows Mill Ln, Springfield, IL 62712

3 beds • 2 baths • 2508 sqft

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This property looks like a bad Airbnb investment with a projected -10.1% first-year return on $78,879 initial cash invested.

-10.1%

Cash On Cash

3.47%

Cap Rate

0.59

DSCR

$2,086

Rent

-$664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,086

Total Expenses

$2,750

Mortgage P&I

68%

$1,420

Property Taxes

11%

$227

Home Insurance

5%

$102

HOA

0%

$0

Property Management

15%

$313

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$522

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