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981 Koenig Dr, Godfrey, IL 62035

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Airbnb investment with a projected -1.7% first-year return on $76,863 initial cash invested.

-1.7%

Cash On Cash

6.22%

Cap Rate

1.02

DSCR

$3,428

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,428 income − $3,537 expenses = $109 out of pocket

Income$3,428Out of Pocket$109Mortgage P&I$1,42442%Property Taxes$34310%Insurance$963%HOA$291%Management$51415%CapEx$1374%Maintenance$1374%Other$85725%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,863

Downpayment

20%

$56,060

Closing costs

1%

$2,803

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,428

Total Expenses

$3,537

Mortgage P&I

42%

$1,424

Property Taxes

10%

$343

Home Insurance

3%

$96

HOA

1%

$29

Property Management

15%

$514

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$857

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