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724 S Chester Ave, Park Ridge, IL 60068

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Airbnb investment with a projected -22.84% first-year return on $156k initial cash invested.

-22.84%

Cash On Cash

0.93%

Cap Rate

0.15

DSCR

$3,072

Rent

-$2,972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,072 income − $6,044 expenses = $2,972 out of pocket

Income$3,072Out of Pocket$2,972Mortgage P&I$3,361109%Property Taxes$97832%Insurance$2307%Management$46115%CapEx$1234%Maintenance$1234%Other$76825%

Investment Breakdown

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Purchase Price

$658k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$132k

Closing costs

1%

$6,580

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,072

Total Expenses

$6,044

Mortgage P&I

109%

$3,361

Property Taxes

32%

$978

Home Insurance

7%

$230

HOA

0%

$0

Property Management

15%

$461

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$768

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