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18415 Morris Ave, Homewood, IL 60430

3 beds • 2 baths • 1320 sqft

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This property looks like a bad Airbnb investment with a projected -7.24% first-year return on $85,137 initial cash invested.

-7.24%

Cash On Cash

4.44%

Cap Rate

0.76

DSCR

$3,545

Rent

-$514

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,545 income − $4,059 expenses = $514 out of pocket

Income$3,545Out of Pocket$514Mortgage P&I$1,55444%Property Taxes$69119%Insurance$1123%Management$53215%CapEx$1424%Maintenance$1424%Other$88625%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,137

Downpayment

20%

$63,940

Closing costs

1%

$3,197

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,545

Total Expenses

$4,059

Mortgage P&I

44%

$1,554

Property Taxes

19%

$691

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$886

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