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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 -0.78% first-year return on $82,596 initial cash invested.

-0.78%

Cash On Cash

6.42%

Cap Rate

1.06

DSCR

$3,821

Rent

-$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,821 income − $3,875 expenses = $54 out of pocket

Income$3,821Out of Pocket$54Mortgage P&I$1,54640%Property Taxes$38710%Insurance$1083%Management$57315%CapEx$1534%Maintenance$1534%Other$95525%

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

$3,821

Total Expenses

$3,875

Mortgage P&I

40%

$1,546

Property Taxes

10%

$387

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$573

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$955

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