REI Lense

REI Lense

Unlock all features! Tap here to upgrade

14107 S Mackinaw Ave, Burnham, IL 60633

3 beds • 2 baths • 1387 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.33% first-year return on $68,400 initial cash invested.

-12.33%

Cash On Cash

3.34%

Cap Rate

0.52

DSCR

$2,155

Rent

-$703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,155 income − $2,858 expenses = $703 out of pocket

Income$2,155Out of Pocket$703Mortgage P&I$1,28460%Property Taxes$45621%Insurance$844%Management$32315%CapEx$864%Maintenance$864%Other$53925%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,155

Total Expenses

$2,858

Mortgage P&I

60%

$1,284

Property Taxes

21%

$456

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$539

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis