REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6 Marquette Ln, Kankakee, IL 60901

3 beds • 3 baths • 2515 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.74% first-year return on $96,750 initial cash invested.

-9.74%

Cash On Cash

3.79%

Cap Rate

0.64

DSCR

$3,316

Rent

-$785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,316 income − $4,101 expenses = $785 out of pocket

Income$3,316Out of Pocket$785Mortgage P&I$1,83655%Property Taxes$54216%Insurance$1314%Management$49715%CapEx$1334%Maintenance$1334%Other$82925%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,316

Total Expenses

$4,101

Mortgage P&I

55%

$1,836

Property Taxes

16%

$542

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$497

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$829

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis