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7003 Preston Dr, Springfield, IL 62711

3 beds • 2 baths • 2153 sqft

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This property looks like a bad Airbnb investment with a projected -15.52% first-year return on $89,379 initial cash invested.

-15.52%

Cash On Cash

2.23%

Cap Rate

0.37

DSCR

$2,210

Rent

-$1,156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,210 income − $3,366 expenses = $1,156 out of pocket

Income$2,210Out of Pocket$1,156Mortgage P&I$1,70077%Property Taxes$48422%Insurance$1226%Management$33215%CapEx$884%Maintenance$884%Other$55225%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,210

Total Expenses

$3,366

Mortgage P&I

77%

$1,700

Property Taxes

22%

$484

Home Insurance

6%

$122

HOA

0%

$0

Property Management

15%

$332

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$552

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