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9 E North Court Dr, Decatur, IL 62526

3 beds • 2 baths • 1834 sqft

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This property might be a fair Airbnb investment with a projected 2.41% first-year return on $59,139 initial cash invested.

2.41%

Cash On Cash

7.88%

Cap Rate

1.23

DSCR

$3,009

Rent

$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,009 income − $2,890 expenses = $119 cash flow

Income$3,009Mortgage P&I$1,04835%Property Taxes$32911%Insurance$702%Management$45115%CapEx$1204%Maintenance$1204%Other$75225%Cash Flow$119

Investment Breakdown

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Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,139

Downpayment

20%

$39,180

Closing costs

1%

$1,959

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,009

Total Expenses

$2,890

Mortgage P&I

35%

$1,048

Property Taxes

11%

$329

Home Insurance

2%

$70

HOA

0%

$0

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$752

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