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32 Daniels Ave, Elgin, IL 60120

3 beds • 2 baths • 1340 sqft

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This property might be a fair Airbnb investment with a projected 7.71% first-year return on $63,150 initial cash invested.

7.71%

Cash On Cash

9.44%

Cap Rate

1.48

DSCR

$3,636

Rent

$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,636 income − $3,230 expenses = $406 cash flow

Income$3,636Mortgage P&I$1,14131%Property Taxes$2707%Insurance$752%Management$54515%CapEx$1454%Maintenance$1454%Other$90925%Cash Flow$406

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,636

Total Expenses

$3,230

Mortgage P&I

31%

$1,141

Property Taxes

7%

$270

Home Insurance

2%

$75

HOA

0%

$0

Property Management

15%

$545

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$909

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