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18622 Burnham Ave, Lansing, IL 60438

3 beds • 3 baths • 2180 sqft

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This property looks like a bad Airbnb investment with a projected -24.47% first-year return on $96,687 initial cash invested.

-24.47%

Cash On Cash

-0.04%

Cap Rate

-0.01

DSCR

$1,369

Rent

-$1,972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,369 income − $3,341 expenses = $1,972 out of pocket

Income$1,369Out of Pocket$1,972Mortgage P&I$1,903139%Property Taxes$65047%Insurance$13110%Management$20515%CapEx$554%Maintenance$554%Other$34225%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,687

Downpayment

20%

$74,940

Closing costs

1%

$3,747

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,369

Total Expenses

$3,341

Mortgage P&I

139%

$1,903

Property Taxes

47%

$650

Home Insurance

10%

$131

HOA

0%

$0

Property Management

15%

$205

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$342

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