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6 Marquette Ln, Kankakee, IL 60901

3 beds • 3 baths • 2515 sqft

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This property looks like a bad Airbnb investment with a projected -9.46% first-year return on $96,750 initial cash invested.

-9.46%

Cash On Cash

3.86%

Cap Rate

0.66

DSCR

$3,357

Rent

-$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,357 income − $4,120 expenses = $763 out of pocket

Income$3,357Out of Pocket$763Mortgage P&I$1,83655%Property Taxes$54216%Insurance$1314%Management$50415%CapEx$1344%Maintenance$1344%Other$83925%

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

$3,357

Total Expenses

$4,120

Mortgage P&I

55%

$1,836

Property Taxes

16%

$542

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$504

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$839

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