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2408 N Spojnia Rd, McHenry, IL 60050

3 beds • 3 baths • 2280 sqft

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This property looks like a bad Airbnb investment with a projected -14.95% first-year return on $113k initial cash invested.

-14.95%

Cash On Cash

2.79%

Cap Rate

0.45

DSCR

$3,095

Rent

-$1,402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,095 income − $4,497 expenses = $1,402 out of pocket

Income$3,095Out of Pocket$1,402Mortgage P&I$2,32675%Property Taxes$52717%Insurance$1585%Management$46415%CapEx$1244%Maintenance$1244%Other$77425%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,095

Total Expenses

$4,497

Mortgage P&I

75%

$2,326

Property Taxes

17%

$527

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$464

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$774

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