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12 Sunshine Ave, Grayslake, IL 60030

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Airbnb investment with a projected -2.72% first-year return on $95,133 initial cash invested.

-2.72%

Cash On Cash

5.88%

Cap Rate

0.98

DSCR

$4,463

Rent

-$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,463 income − $4,679 expenses = $216 out of pocket

Income$4,463Out of Pocket$216Mortgage P&I$1,83741%Property Taxes$56813%Insurance$1313%Management$66915%CapEx$1794%Maintenance$1794%Other$1,11625%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,133

Downpayment

20%

$73,460

Closing costs

1%

$3,673

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,463

Total Expenses

$4,679

Mortgage P&I

41%

$1,837

Property Taxes

13%

$568

Home Insurance

3%

$131

HOA

0%

$0

Property Management

15%

$669

CapEx

4%

$179

Vacancy

0%

$0

Maintenance

4%

$179

Other

25%

$1,116

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