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422 N Lakeshore Dr, Hanna City, IL 61536

3 beds • 3 baths • 1703 sqft

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This property might be a fair Airbnb investment with a projected 2.26% first-year return on $62,100 initial cash invested.

2.26%

Cash On Cash

7.82%

Cap Rate

1.22

DSCR

$3,272

Rent

$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,272 income − $3,155 expenses = $117 cash flow

Income$3,272Mortgage P&I$1,12034%Property Taxes$38712%Insurance$742%HOA$3Management$49115%CapEx$1314%Maintenance$1314%Other$81825%Cash Flow$117

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,272

Total Expenses

$3,155

Mortgage P&I

34%

$1,120

Property Taxes

12%

$387

Home Insurance

2%

$74

HOA

0%

$3

Property Management

15%

$491

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$818

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