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1108 W Lafayette St, Ottawa, IL 61350

3 beds • 2 baths • 1216 sqft

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This property looks like a bad Airbnb investment with a projected -2.36% first-year return on $53,952 initial cash invested.

-2.36%

Cash On Cash

6.2%

Cap Rate

0.98

DSCR

$2,282

Rent

-$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,282 income − $2,388 expenses = $106 out of pocket

Income$2,282Out of Pocket$106Mortgage P&I$90039%Property Taxes$33315%Insurance$613%Management$34215%CapEx$914%Maintenance$914%Other$57025%

Investment Breakdown

|

Purchase Price

$171k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,952

Downpayment

20%

$34,240

Closing costs

1%

$1,712

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,282

Total Expenses

$2,388

Mortgage P&I

39%

$900

Property Taxes

15%

$333

Home Insurance

3%

$61

HOA

0%

$0

Property Management

15%

$342

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$570

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