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2204 Douglas St, Joliet, IL 60435

3 beds • 2 baths • 1488 sqft

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This property might be a fair Airbnb investment with a projected 5.36% first-year return on $84,570 initial cash invested.

5.36%

Cash On Cash

8.58%

Cap Rate

1.35

DSCR

$5,206

Rent

$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,206 income − $4,828 expenses = $378 cash flow

Income$5,206Mortgage P&I$1,68032%Property Taxes$53710%Insurance$1122%Management$78115%CapEx$2084%Maintenance$2084%Other$1,30225%Cash Flow$378

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,570

Downpayment

20%

$63,400

Closing costs

1%

$3,170

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,206

Total Expenses

$4,828

Mortgage P&I

32%

$1,680

Property Taxes

10%

$537

Home Insurance

2%

$112

HOA

0%

$0

Property Management

15%

$781

CapEx

4%

$208

Vacancy

0%

$0

Maintenance

4%

$208

Other

25%

$1,302

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