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2646 Meridian Lake Dr, Shiloh, IL 62221

3 beds • 3 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -2.2% first-year return on $90,093 initial cash invested.

-2.2%

Cash On Cash

5.79%

Cap Rate

1

DSCR

$3,971

Rent

-$165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,971 income − $4,136 expenses = $165 out of pocket

Income$3,971Out of Pocket$165Mortgage P&I$1,66142%Property Taxes$44711%Insurance$1213%Management$59615%CapEx$1594%Maintenance$1594%Other$99325%

Investment Breakdown

|

Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,093

Downpayment

20%

$68,660

Closing costs

1%

$3,433

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,971

Total Expenses

$4,136

Mortgage P&I

42%

$1,661

Property Taxes

11%

$447

Home Insurance

3%

$121

HOA

0%

$0

Property Management

15%

$596

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$993

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