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660 Burroughs Ave, Collinsville, IL 62234

3 beds • 2 baths • 1390 sqft

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This property could be a profitable Airbnb investment with a projected 22.37% first-year return on $57,984 initial cash invested.

22.37%

Cash On Cash

14.17%

Cap Rate

2.28

DSCR

$4,508

Rent

$1,081

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,508 income − $3,427 expenses = $1,081 cash flow

Income$4,508Mortgage P&I$98822%Property Taxes$2225%Insurance$541%Management$67615%CapEx$1804%Maintenance$1804%Other$1,12725%Cash Flow$1,081

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,984

Downpayment

20%

$38,080

Closing costs

1%

$1,904

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$4,508

Total Expenses

$3,427

Mortgage P&I

22%

$988

Property Taxes

5%

$222

Home Insurance

1%

$54

HOA

0%

$0

Property Management

15%

$676

CapEx

4%

$180

Vacancy

0%

$0

Maintenance

4%

$180

Other

25%

$1,127

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