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890 Roanoke Dr, Springfield, IL 62702

3 beds • 3 baths • 2859 sqft

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This property looks like a bad Airbnb investment with a projected -11.26% first-year return on $80,790 initial cash invested.

-11.26%

Cash On Cash

3.25%

Cap Rate

0.55

DSCR

$2,498

Rent

-$758

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,498

Total Expenses

$3,256

Mortgage P&I

59%

$1,467

Property Taxes

19%

$485

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$375

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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