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33028 N Ridge Rd, Grayslake, IL 60030

3 beds • 2 baths • 912 sqft

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This property looks like a bad Airbnb investment with a projected -1.26% first-year return on $92,529 initial cash invested.

-1.26%

Cash On Cash

6.35%

Cap Rate

1.05

DSCR

$4,580

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,580 income − $4,677 expenses = $97 out of pocket

Income$4,580Out of Pocket$97Mortgage P&I$1,79239%Property Taxes$56312%Insurance$1243%Management$68715%CapEx$1834%Maintenance$1834%Other$1,14525%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,529

Downpayment

20%

$70,980

Closing costs

1%

$3,549

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,580

Total Expenses

$4,677

Mortgage P&I

39%

$1,792

Property Taxes

12%

$563

Home Insurance

3%

$124

HOA

0%

$0

Property Management

15%

$687

CapEx

4%

$183

Vacancy

0%

$0

Maintenance

4%

$183

Other

25%

$1,145

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