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8 Rich Ct, Park Forest, IL 60466

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Airbnb investment with a projected -11.21% first-year return on $38,979 initial cash invested.

-11.21%

Cash On Cash

2.85%

Cap Rate

0.47

DSCR

$2,339

Rent

-$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,339 income − $2,703 expenses = $364 out of pocket

Income$2,339Out of Pocket$364Mortgage P&I$50722%Property Taxes$1,03744%Insurance$351%Management$35115%CapEx$944%Maintenance$944%Other$58525%

Investment Breakdown

|

Purchase Price

$99,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,979

Downpayment

20%

$19,980

Closing costs

1%

$999

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,339

Total Expenses

$2,703

Mortgage P&I

22%

$507

Property Taxes

44%

$1,037

Home Insurance

2%

$35

HOA

0%

$0

Property Management

15%

$351

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$585

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