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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 -17.65% first-year return on $62,940 initial cash invested.

-17.65%

Cash On Cash

1.49%

Cap Rate

0.23

DSCR

$1,396

Rent

-$926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,396 income − $2,322 expenses = $926 out of pocket

Income$1,396Out of Pocket$926Mortgage P&I$1,13681%Property Taxes$43931%Insurance$776%Management$20915%CapEx$564%Maintenance$564%Other$34925%

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

$1,396

Total Expenses

$2,322

Mortgage P&I

81%

$1,136

Property Taxes

31%

$439

Home Insurance

6%

$77

HOA

0%

$0

Property Management

15%

$209

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$349

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