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1937 W Melrose St, Chicago, IL 60657

4 beds • 4 baths • 0 sqft

$1,599,000

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This property looks like a bad Airbnb investment with a projected -21.97% first-year return on $360k initial cash invested.

-21.97%

Cash On Cash

1.33%

Cap Rate

0.22

DSCR

$8,048

Rent

-$6,586

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1599k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$360k

Downpayment

20%

$320k

Closing costs

1%

$15,990

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$8,048

Total Expenses

$14,634

Mortgage P&I

100%

$8,035

Property Taxes

27%

$2,176

Home Insurance

7%

$560

HOA

0%

$0

Property Management

15%

$1,207

CapEx

4%

$322

Vacancy

0%

$0

Maintenance

4%

$322

Other

25%

$2,012

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