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16627 Carse Ave, Harvey, IL 60426

3 beds • 2 baths • 2354 sqft

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This property looks like a bad Airbnb investment with a projected -15.51% first-year return on $64,200 initial cash invested.

-15.51%

Cash On Cash

2.3%

Cap Rate

0.36

DSCR

$2,098

Rent

-$830

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,098 income − $2,928 expenses = $830 out of pocket

Income$2,098Out of Pocket$830Mortgage P&I$1,16856%Property Taxes$67632%Insurance$774%Management$31515%CapEx$844%Maintenance$844%Other$52425%

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,098

Total Expenses

$2,928

Mortgage P&I

56%

$1,168

Property Taxes

32%

$676

Home Insurance

4%

$77

HOA

0%

$0

Property Management

15%

$315

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$524

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