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907 Fairlane Dr, Marion, IL 62959

3 beds • 2 baths • 1524 sqft

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This property might be a fair Airbnb investment with a projected 9.64% first-year return on $45,825 initial cash invested.

9.64%

Cash On Cash

10.55%

Cap Rate

1.67

DSCR

$2,496

Rent

$368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,825

Downpayment

20%

$26,500

Closing costs

1%

$1,325

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,496

Total Expenses

$2,128

Mortgage P&I

28%

$697

Property Taxes

6%

$159

Home Insurance

3%

$74

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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