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7041 Springside Ave, Downers Grove, IL 60516

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Airbnb investment with a projected -10.57% first-year return on $117k initial cash invested.

-10.57%

Cash On Cash

4.17%

Cap Rate

0.66

DSCR

$4,274

Rent

-$1,028

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,274 income − $5,302 expenses = $1,028 out of pocket

Income$4,274Out of Pocket$1,028Mortgage P&I$2,49058%Property Taxes$59714%Insurance$1644%Management$64115%CapEx$1714%Maintenance$1714%Other$1,06825%

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,980

Closing costs

1%

$4,699

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,274

Total Expenses

$5,302

Mortgage P&I

58%

$2,490

Property Taxes

14%

$597

Home Insurance

4%

$164

HOA

0%

$0

Property Management

15%

$641

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,068

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