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529 Shorewood Dr, Shorewood, IL 60404

3 beds • 2 baths • 1600 sqft

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This property might be a fair Airbnb investment with a projected 1.46% first-year return on $91,479 initial cash invested.

1.46%

Cash On Cash

6.77%

Cap Rate

1.16

DSCR

$3,972

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,972 income − $3,861 expenses = $111 cash flow

Income$3,972Mortgage P&I$1,70343%Property Taxes$1293%Insurance$1223%Management$59615%CapEx$1594%Maintenance$1594%Other$99325%Cash Flow$111

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,972

Total Expenses

$3,861

Mortgage P&I

43%

$1,703

Property Taxes

3%

$129

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$596

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$993

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