724 S New St

Champaign, IL, 618203 beds · 2 bathsSleeps 8

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Cash flow
Estimated revenue
Cash-on-cash
Cap rate

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Airbnb Investment Analysis: 724 S New St, Champaign, IL, 61820 | $50,073 Avg Annual Revenue

Cash flowNeeds a price

724 S New St

Champaign, IL, 618203 beds2 bathsSleeps 8

Estimated from 10 nearby Airbnbs, typically 0.7 mi awayHow we estimate

Pays for itself at a price up to about $447k

With 25% down at 7%. We couldn't reach Zillow for this home's value just now. Add the asking price for cash flow and returns.

Asking price

Cash flow: —; Needs a price
Estimated revenue: $50,073/yr; 67% booked at $230/nightHalf of nearby homes earn $38k–$68k
Cash-on-cash: —; Needs a price
Cap rate: —; Needs a price

Chalet AI

Ask about 724 S New St

Nearby Airbnbs like it earn $38k–$68k a year

That's the middle half of the 10 Airbnbs this estimate comes from, typically 0.7 miles away. Revenue and occupancy are Chalet's estimates from each listing's observed bookings.

Lowest $26.7kMiddle half $37.7k–$68.3kHighest $81k

This home$26.7k$81ka year, darker earns moreSign up free to see

Charming 3bd 2b - Close to Campus and Downtown$34,3550.2 mi · 51% booked at $189/night
The Garden House 3BR-2BA minutes from UIUCandStadium$51,8760.2 mi · 86% booked at $259/night
Monica and Bills After Hours$26,6810.3 mi · 33% booked at $193/night
The Gallery and Garden Retreat Home•••0.3 mi
Spacious home close to UofI stadiums and Hessel Park•••0.7 mi
3BR Charming Home, 10 Min Walk to DT Champaign•••0.8 mi
Lovely ranch home close to U of I.•••0.8 mi
Mayfair Mid-Century Modern•••0.8 mi

Nearby Airbnbs, closest first
Listing	Distance	Revenue/yr	Occupancy	Nightly rate
Charming 3bd 2b - Close to Campus and Downtown	0.2 mi	$34,355	51%	$189
The Garden House 3BR-2BA minutes from UIUCandStadium	0.2 mi	$51,876	86%	$259
Monica and Bills After Hours	0.3 mi	$26,681	33%	$193
The Gallery and Garden Retreat Home	0.3 mi	•••	•••	•••
Spacious home close to UofI stadiums and Hessel Park	0.7 mi	•••	•••	•••
3BR Charming Home, 10 Min Walk to DT Champaign	0.8 mi	•••	•••	•••
Lovely ranch home close to U of I.	0.8 mi	•••	•••	•••
Mayfair Mid-Century Modern	0.8 mi	•••	•••	•••

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Airbnbs for sale in Illinois

Keep this analysis of 724 S New St, with your changes.

How we estimate

Revenue: Chalet's estimate of what a 3-bedroom Airbnb at 724 S New St could book in a year, from 10 comparable Airbnbs nearby and their observed bookings. It's gross revenue: before the Airbnb host fee, management and every other cost. The occupancy and nightly rate are the ones behind that estimate.
Price: The price you enter. Use the asking price if the home is listed.
Costs: Defaults you can change: 10% management and a 3% Airbnb host fee (of revenue); 1% property tax and 1% maintenance (of price, per year); insurance at 0.5% of price; utilities and internet at $150 a month plus $100 per bedroom; $200 a year for an STR license.
Financing: 25% down, 7% interest over 30 years, 1% closing costs and $20,000 to furnish, unless you change them.
Returns: Cash flow is revenue minus every cost and the mortgage. Cash-on-cash divides a year of cash flow by the cash to close. Cap rate divides net operating income by the price.
Other sites: Other calculators pick different comparable homes, time windows and defaults, so their numbers differ. Compare the comparable homes, not just the headline.

Disclaimer. This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.

724 S New St

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724 S New St

Pays for itself at a price up to about $447k

Ask about 724 S New St

Nearby Airbnbs like it earn $38k–$68k a year

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How we estimate