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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 -4.23% first-year return on $92,529 initial cash invested.

-4.23%

Cash On Cash

5.52%

Cap Rate

0.91

DSCR

$4,141

Rent

-$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,141 income − $4,467 expenses = $326 out of pocket

Income$4,141Out of Pocket$326Mortgage P&I$1,79243%Property Taxes$56314%Insurance$1243%Management$62115%CapEx$1664%Maintenance$1664%Other$1,03525%

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

$4,141

Total Expenses

$4,467

Mortgage P&I

43%

$1,792

Property Taxes

14%

$563

Home Insurance

3%

$124

HOA

0%

$0

Property Management

15%

$621

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,035

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