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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 -7.26% first-year return on $82,596 initial cash invested.

-7.26%

Cash On Cash

4.54%

Cap Rate

0.75

DSCR

$2,965

Rent

-$500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,965 income − $3,465 expenses = $500 out of pocket

Income$2,965Out of Pocket$500Mortgage P&I$1,54652%Property Taxes$38713%Insurance$1084%Management$44515%CapEx$1194%Maintenance$1194%Other$74125%

Investment Breakdown

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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

$2,965

Total Expenses

$3,465

Mortgage P&I

52%

$1,546

Property Taxes

13%

$387

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$741

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