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993 Willard St, Galesburg, IL 61401

3 beds • 3 baths • 2028 sqft

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This property could be a profitable Airbnb investment with a projected 29.96% first-year return on $25,350 initial cash invested.

29.96%

Cash On Cash

30.21%

Cap Rate

4.95

DSCR

$1,755

Rent

$633

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,755 income − $1,122 expenses = $633 cash flow

Income$1,755Mortgage P&I$17810%Property Taxes$905%Insurance$121%Management$26315%CapEx$704%Maintenance$704%Other$43925%Cash Flow$633

Investment Breakdown

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Purchase Price

$35,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,350

Downpayment

20%

$7,000

Closing costs

1%

$350

Rehab

0%

$0

Furnishing

51%

$18,000

Cashflow

Total Income

$1,755

Total Expenses

$1,122

Mortgage P&I

10%

$178

Property Taxes

5%

$90

Home Insurance

1%

$12

HOA

0%

$0

Property Management

15%

$263

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$439

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