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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 -0.33% first-year return on $76,863 initial cash invested.

-0.33%

Cash On Cash

6.62%

Cap Rate

1.09

DSCR

$3,599

Rent

-$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,599 income − $3,620 expenses = $21 out of pocket

Income$3,599Out of Pocket$21Mortgage P&I$1,42440%Property Taxes$34310%Insurance$963%HOA$291%Management$54015%CapEx$1444%Maintenance$1444%Other$90025%

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

$3,599

Total Expenses

$3,620

Mortgage P&I

40%

$1,424

Property Taxes

10%

$343

Home Insurance

3%

$96

HOA

1%

$29

Property Management

15%

$540

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$900

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