REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2524 Locust Rd, Homewood, IL 60430

3 beds • 2 baths • 1400 sqft

Email

This property might be a fair Airbnb investment with a projected 6.41% first-year return on $59,517 initial cash invested.

6.41%

Cash On Cash

8.96%

Cap Rate

1.44

DSCR

$3,370

Rent

$318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$198k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,517

Downpayment

20%

$39,540

Closing costs

1%

$1,977

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,370

Total Expenses

$3,052

Mortgage P&I

30%

$1,023

Property Taxes

10%

$341

Home Insurance

2%

$70

HOA

0%

$0

Property Management

15%

$506

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis