REI Lense

REI Lense

Unlock all features! Tap here to upgrade

495 8th St, Chicago Heights, IL 60411

3 beds • 2 baths • 1383 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.46% first-year return on $69,072 initial cash invested.

-15.46%

Cash On Cash

2.48%

Cap Rate

0.38

DSCR

$1,966

Rent

-$890

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,966 income − $2,856 expenses = $890 out of pocket

Income$1,966Out of Pocket$890Mortgage P&I$1,31467%Property Taxes$51126%Insurance$864%Management$29515%CapEx$794%Maintenance$794%Other$49225%

Investment Breakdown

|

Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,072

Downpayment

20%

$48,640

Closing costs

1%

$2,432

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,966

Total Expenses

$2,856

Mortgage P&I

67%

$1,314

Property Taxes

26%

$511

Home Insurance

4%

$86

HOA

0%

$0

Property Management

15%

$295

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis