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280 Rich Rd, Park Forest, IL 60466

3 beds • 2 baths • 1170 sqft

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This property looks like a bad Airbnb investment with a projected -16.71% first-year return on $68,379 initial cash invested.

-16.71%

Cash On Cash

2.26%

Cap Rate

0.35

DSCR

$2,373

Rent

-$952

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,373 income − $3,325 expenses = $952 out of pocket

Income$2,373Out of Pocket$952Mortgage P&I$1,30955%Property Taxes$79333%Insurance$844%Management$35615%CapEx$954%Maintenance$954%Other$59325%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,373

Total Expenses

$3,325

Mortgage P&I

55%

$1,309

Property Taxes

33%

$793

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$593

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