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9106 Summit Dr, Fairview Heights, IL 62208

3 beds • 2 baths • 1670 sqft

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This property could be a profitable Airbnb investment with a projected 12.27% first-year return on $58,950 initial cash invested.

12.27%

Cash On Cash

11.22%

Cap Rate

1.7

DSCR

$3,694

Rent

$603

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,694 income − $3,091 expenses = $603 cash flow

Income$3,694Mortgage P&I$1,07229%Property Taxes$1775%Insurance$682%Management$55415%CapEx$1484%Maintenance$1484%Other$92425%Cash Flow$603

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,694

Total Expenses

$3,091

Mortgage P&I

29%

$1,072

Property Taxes

5%

$177

Home Insurance

2%

$68

HOA

0%

$0

Property Management

15%

$554

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$924

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