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24301 N Forest Dr, Lake Zurich, IL 60047

3 beds • 3 baths • 1800 sqft

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This property looks like a bad Airbnb investment with a projected -11.42% first-year return on $113k initial cash invested.

-11.42%

Cash On Cash

3.37%

Cap Rate

0.58

DSCR

$3,650

Rent

-$1,071

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,650 income − $4,721 expenses = $1,071 out of pocket

Income$3,650Out of Pocket$1,071Mortgage P&I$2,19060%Property Taxes$60817%Insurance$1584%HOA$13Management$54815%CapEx$1464%Maintenance$1464%Other$91225%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.1%

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

$3,650

Total Expenses

$4,721

Mortgage P&I

60%

$2,190

Property Taxes

17%

$608

Home Insurance

4%

$158

HOA

0%

$13

Property Management

15%

$548

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$912

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