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2500 Golfview St, Joliet, IL 60435

3 beds • 2 baths • 1092 sqft

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This property looks like a bad Airbnb investment with a projected -4.46% first-year return on $82,596 initial cash invested.

-4.46%

Cash On Cash

5.35%

Cap Rate

0.89

DSCR

$3,334

Rent

-$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,334 income − $3,641 expenses = $307 out of pocket

Income$3,334Out of Pocket$307Mortgage P&I$1,54646%Property Taxes$38712%Insurance$1083%Management$50015%CapEx$1334%Maintenance$1334%Other$83425%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,596

Downpayment

20%

$61,520

Closing costs

1%

$3,076

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,334

Total Expenses

$3,641

Mortgage P&I

46%

$1,546

Property Taxes

12%

$387

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$500

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$834

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