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2810 15th St, Winthrop Harbor, IL 60096

3 beds • 2 baths • 1122 sqft

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This property looks like a bad Airbnb investment with a projected -8.99% first-year return on $68,379 initial cash invested.

-8.99%

Cash On Cash

4.3%

Cap Rate

0.67

DSCR

$2,429

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,429 income − $2,941 expenses = $512 out of pocket

Income$2,429Out of Pocket$512Mortgage P&I$1,27452%Property Taxes$41817%Insurance$843%Management$36415%CapEx$974%Maintenance$974%Other$60725%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

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

$2,429

Total Expenses

$2,941

Mortgage P&I

52%

$1,274

Property Taxes

17%

$418

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$607

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