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2054 Mission Hills Dr, Elgin, IL 60123

3 beds • 2 baths • 1382 sqft

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This property looks like a bad Airbnb investment with a projected -8.46% first-year return on $101k initial cash invested.

-8.46%

Cash On Cash

4.08%

Cap Rate

0.7

DSCR

$3,366

Rent

-$713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,366 income − $4,079 expenses = $713 out of pocket

Income$3,366Out of Pocket$713Mortgage P&I$1,92557%Property Taxes$39712%Insurance$1404%Management$50515%CapEx$1354%Maintenance$1354%Other$84225%

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,140

Closing costs

1%

$3,957

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,366

Total Expenses

$4,079

Mortgage P&I

57%

$1,925

Property Taxes

12%

$397

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

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