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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 -18.76% first-year return on $62,940 initial cash invested.

-18.76%

Cash On Cash

1.14%

Cap Rate

0.18

DSCR

$1,282

Rent

-$984

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,282 income − $2,266 expenses = $984 out of pocket

Income$1,282Out of Pocket$984Mortgage P&I$1,13689%Property Taxes$43934%Insurance$776%Management$19215%CapEx$514%Maintenance$514%Other$32025%

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

$1,282

Total Expenses

$2,266

Mortgage P&I

89%

$1,136

Property Taxes

34%

$439

Home Insurance

6%

$77

HOA

0%

$0

Property Management

15%

$192

CapEx

4%

$51

Vacancy

0%

$0

Maintenance

4%

$51

Other

25%

$320

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