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9003 Olinda Dr, Fairview Heights, IL 62208

3 beds • 2 baths • 1653 sqft

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This property might be a fair Airbnb investment with a projected 9.85% first-year return on $72,642 initial cash invested.

9.85%

Cash On Cash

9.72%

Cap Rate

1.58

DSCR

$4,471

Rent

$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,471 income − $3,875 expenses = $596 cash flow

Income$4,471Mortgage P&I$1,33330%Property Taxes$3037%Insurance$922%Management$67115%CapEx$1794%Maintenance$1794%Other$1,11825%Cash Flow$596

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,642

Downpayment

20%

$52,040

Closing costs

1%

$2,602

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,471

Total Expenses

$3,875

Mortgage P&I

30%

$1,333

Property Taxes

7%

$303

Home Insurance

2%

$92

HOA

0%

$0

Property Management

15%

$671

CapEx

4%

$179

Vacancy

0%

$0

Maintenance

4%

$179

Other

25%

$1,118

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