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8718 Reese Rd, Harvard, IL 60033

3 beds • 3 baths • 2678 sqft

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This property looks like a bad Airbnb investment with a projected -17.37% first-year return on $169k initial cash invested.

-17.37%

Cash On Cash

2.06%

Cap Rate

0.35

DSCR

$4,164

Rent

-$2,446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,164 income − $6,610 expenses = $2,446 out of pocket

Income$4,164Out of Pocket$2,446Mortgage P&I$3,51484%Property Taxes$83420%Insurance$2626%Management$62515%CapEx$1674%Maintenance$1674%Other$1,04125%

Investment Breakdown

|

Purchase Price

$719k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,188

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,164

Total Expenses

$6,610

Mortgage P&I

84%

$3,514

Property Taxes

20%

$834

Home Insurance

6%

$262

HOA

0%

$0

Property Management

15%

$625

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,041

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