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16 Woodside Ave, Kankakee, IL 60901

3 beds • 2 baths • 2671 sqft

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This property looks like a bad Airbnb investment with a projected -13.19% first-year return on $98,703 initial cash invested.

-13.19%

Cash On Cash

3.84%

Cap Rate

0.57

DSCR

$3,639

Rent

-$1,085

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,639 income − $4,724 expenses = $1,085 out of pocket

Income$3,639Out of Pocket$1,085Mortgage P&I$2,17060%Property Taxes$67018%Insurance$1364%Management$54615%CapEx$1464%Maintenance$1464%Other$91025%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,703

Downpayment

20%

$76,860

Closing costs

1%

$3,843

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,639

Total Expenses

$4,724

Mortgage P&I

60%

$2,170

Property Taxes

18%

$670

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$546

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$910

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