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1232 N Del Mar Dr, Palatine, IL 60067

3 beds • 3 baths • 1376 sqft

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This property looks like a bad Airbnb investment with a projected -28.63% first-year return on $120k initial cash invested.

-28.63%

Cash On Cash

-0.75%

Cap Rate

-0.12

DSCR

$1,252

Rent

-$2,870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,252 income − $4,122 expenses = $2,870 out of pocket

Income$1,252Out of Pocket$2,870Mortgage P&I$2,516201%Property Taxes$83166%Insurance$17414%Management$18815%CapEx$504%Maintenance$504%Other$31325%

Investment Breakdown

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Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,420

Closing costs

1%

$4,871

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,252

Total Expenses

$4,122

Mortgage P&I

201%

$2,516

Property Taxes

66%

$831

Home Insurance

14%

$174

HOA

0%

$0

Property Management

15%

$188

CapEx

4%

$50

Vacancy

0%

$0

Maintenance

4%

$50

Other

25%

$313

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