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28069 N Lake Dr, Wauconda, IL 60084

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -7.36% first-year return on $108k initial cash invested.

-7.36%

Cash On Cash

4.58%

Cap Rate

0.76

DSCR

$3,837

Rent

-$664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,837 income − $4,501 expenses = $664 out of pocket

Income$3,837Out of Pocket$664Mortgage P&I$2,15156%Property Taxes$3389%Insurance$1504%HOA$211%Management$57615%CapEx$1534%Maintenance$1534%Other$95925%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,000

Closing costs

1%

$4,300

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,837

Total Expenses

$4,501

Mortgage P&I

56%

$2,151

Property Taxes

9%

$338

Home Insurance

4%

$150

HOA

1%

$21

Property Management

15%

$576

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$959

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