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718 N Russel St, Mount Prospect, IL 60056

3 beds • 2 baths • 1470 sqft

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This property looks like a bad Airbnb investment with a projected -16.4% first-year return on $98,829 initial cash invested.

-16.4%

Cash On Cash

2.11%

Cap Rate

0.35

DSCR

$2,688

Rent

-$1,351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,688 income − $4,039 expenses = $1,351 out of pocket

Income$2,688Out of Pocket$1,351Mortgage P&I$1,92171%Property Taxes$69226%Insurance$1355%Management$40315%CapEx$1084%Maintenance$1084%Other$67225%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,829

Downpayment

20%

$76,980

Closing costs

1%

$3,849

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,688

Total Expenses

$4,039

Mortgage P&I

71%

$1,921

Property Taxes

26%

$692

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$403

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$672

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