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865 E Franklin St, Macomb, IL 61455

3 beds • 2 baths • 1648 sqft

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This property might be a fair Airbnb investment with a projected 2.48% first-year return on $42,990 initial cash invested.

2.48%

Cash On Cash

8.06%

Cap Rate

1.28

DSCR

$2,102

Rent

$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$119k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,990

Downpayment

20%

$23,800

Closing costs

1%

$1,190

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,102

Total Expenses

$2,013

Mortgage P&I

30%

$626

Property Taxes

15%

$313

Home Insurance

3%

$65

HOA

0%

$0

Property Management

15%

$315

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$526

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