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1904 Douglas St, Joliet, IL 60435

3 beds • 2 baths • 2394 sqft

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This property looks like a bad Airbnb investment with a projected -3.11% first-year return on $101k initial cash invested.

-3.11%

Cash On Cash

5.72%

Cap Rate

0.97

DSCR

$4,981

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,920

Closing costs

1%

$3,946

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,981

Total Expenses

$5,242

Mortgage P&I

39%

$1,942

Property Taxes

15%

$770

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$747

CapEx

4%

$199

Vacancy

0%

$0

Maintenance

4%

$199

Other

25%

$1,245

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