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16951 Shannon Dr, Tinley Park, IL 60477

3 beds • 3 baths • 2463 sqft

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This property looks like a bad Airbnb investment with a projected -14% first-year return on $111k initial cash invested.

-14%

Cash On Cash

2.74%

Cap Rate

0.47

DSCR

$3,388

Rent

-$1,295

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,388 income − $4,683 expenses = $1,295 out of pocket

Income$3,388Out of Pocket$1,295Mortgage P&I$2,17164%Property Taxes$72721%Insurance$1585%Management$50815%CapEx$1364%Maintenance$1364%Other$84725%

Investment Breakdown

|

Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,560

Closing costs

1%

$4,428

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,388

Total Expenses

$4,683

Mortgage P&I

64%

$2,171

Property Taxes

21%

$727

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$508

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$847

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