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612 E Palatine Rd, Palatine, IL 60074

3 beds • 2 baths • 0 sqft

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This property looks like a bad Airbnb investment with a projected -7.2% first-year return on $99,879 initial cash invested.

-7.2%

Cash On Cash

4.7%

Cap Rate

0.78

DSCR

$3,928

Rent

-$599

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,928 income − $4,527 expenses = $599 out of pocket

Income$3,928Out of Pocket$599Mortgage P&I$1,96950%Property Taxes$53814%Insurance$1353%Management$58915%CapEx$1574%Maintenance$1574%Other$98225%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,928

Total Expenses

$4,527

Mortgage P&I

50%

$1,969

Property Taxes

14%

$538

Home Insurance

3%

$135

HOA

0%

$0

Property Management

15%

$589

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$982

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