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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 28.31% first-year return on $25,350 initial cash invested.

28.31%

Cash On Cash

28.94%

Cap Rate

4.74

DSCR

$1,689

Rent

$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,689 income − $1,091 expenses = $598 cash flow

Income$1,689Mortgage P&I$17811%Property Taxes$905%Insurance$121%Management$25315%CapEx$684%Maintenance$684%Other$42225%Cash Flow$598

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

$1,689

Total Expenses

$1,091

Mortgage P&I

11%

$178

Property Taxes

5%

$90

Home Insurance

1%

$12

HOA

0%

$0

Property Management

15%

$253

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$422

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