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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 -14.9% first-year return on $64,200 initial cash invested.

-14.9%

Cash On Cash

2.49%

Cap Rate

0.39

DSCR

$2,160

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,160 income − $2,957 expenses = $797 out of pocket

Income$2,160Out of Pocket$797Mortgage P&I$1,16854%Property Taxes$67631%Insurance$774%Management$32415%CapEx$864%Maintenance$864%Other$54025%

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

$2,160

Total Expenses

$2,957

Mortgage P&I

54%

$1,168

Property Taxes

31%

$676

Home Insurance

4%

$77

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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