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87 Morningside Dr, Glen Carbon, IL 62034

3 beds • 3 baths • 1692 sqft

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This property looks like a bad Airbnb investment with a projected -6.63% first-year return on $75,624 initial cash invested.

-6.63%

Cash On Cash

5.07%

Cap Rate

0.8

DSCR

$3,081

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,081 income − $3,499 expenses = $418 out of pocket

Income$3,081Out of Pocket$418Mortgage P&I$1,45447%Property Taxes$46015%Insurance$1033%HOA$4Management$46215%CapEx$1234%Maintenance$1234%Other$77025%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,624

Downpayment

20%

$54,880

Closing costs

1%

$2,744

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,081

Total Expenses

$3,499

Mortgage P&I

47%

$1,454

Property Taxes

15%

$460

Home Insurance

3%

$103

HOA

0%

$4

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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