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2217 Farmdale Ln, Freeport, IL 61032

3 beds • 3 baths • 2581 sqft

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This property looks like a bad Airbnb investment with a projected -18.49% first-year return on $62,940 initial cash invested.

-18.49%

Cash On Cash

1.22%

Cap Rate

0.19

DSCR

$1,311

Rent

-$970

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,311 income − $2,281 expenses = $970 out of pocket

Income$1,311Out of Pocket$970Mortgage P&I$1,13687%Property Taxes$43933%Insurance$776%Management$19715%CapEx$524%Maintenance$524%Other$32825%

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,940

Downpayment

20%

$42,800

Closing costs

1%

$2,140

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,311

Total Expenses

$2,281

Mortgage P&I

87%

$1,136

Property Taxes

33%

$439

Home Insurance

6%

$77

HOA

0%

$0

Property Management

15%

$197

CapEx

4%

$52

Vacancy

0%

$0

Maintenance

4%

$52

Other

25%

$328

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