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1037 185th Pl, Homewood, IL 60430

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Airbnb investment with a projected -0.46% first-year return on $77,955 initial cash invested.

-0.46%

Cash On Cash

6.44%

Cap Rate

1.1

DSCR

$4,353

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,353 income − $4,383 expenses = $30 out of pocket

Income$4,353Out of Pocket$30Mortgage P&I$1,38932%Property Taxes$76518%Insurance$1403%Management$65315%CapEx$1744%Maintenance$1744%Other$1,08825%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,955

Downpayment

20%

$57,100

Closing costs

1%

$2,855

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,353

Total Expenses

$4,383

Mortgage P&I

32%

$1,389

Property Taxes

18%

$765

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$653

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,088

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