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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 53.3% first-year return on $25,350 initial cash invested.

53.3%

Cash On Cash

48.41%

Cap Rate

7.93

DSCR

$2,703

Rent

$1,126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,703 income − $1,577 expenses = $1,126 cash flow

Income$2,703Mortgage P&I$1787%Property Taxes$903%Insurance$12Management$40515%CapEx$1084%Maintenance$1084%Other$67625%Cash Flow$1,126

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

$2,703

Total Expenses

$1,577

Mortgage P&I

7%

$178

Property Taxes

3%

$90

Home Insurance

0%

$12

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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