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492 1st Ave, Des Plaines, IL 60016

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -3.34% first-year return on $99,984 initial cash invested.

-3.34%

Cash On Cash

5.6%

Cap Rate

0.95

DSCR

$4,454

Rent

-$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,984

Downpayment

20%

$78,080

Closing costs

1%

$3,904

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,454

Total Expenses

$4,732

Mortgage P&I

43%

$1,923

Property Taxes

12%

$533

Home Insurance

3%

$138

HOA

0%

$0

Property Management

15%

$668

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,114

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