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6413 Silver Ridge Dr, Plainfield, IL 60586

3 beds • 4 baths • 1916 sqft

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This property looks like a bad Airbnb investment with a projected -14.39% first-year return on $106k initial cash invested.

-14.39%

Cash On Cash

2.74%

Cap Rate

0.45

DSCR

$2,993

Rent

-$1,271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,993 income − $4,264 expenses = $1,271 out of pocket

Income$2,993Out of Pocket$1,271Mortgage P&I$2,10970%Property Taxes$55218%Insurance$1495%HOA$171%Management$44915%CapEx$1204%Maintenance$1204%Other$74825%

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,820

Closing costs

1%

$4,191

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,993

Total Expenses

$4,264

Mortgage P&I

70%

$2,109

Property Taxes

18%

$552

Home Insurance

5%

$149

HOA

1%

$17

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$748

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