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9134 Marion Ave, Morton Grove, IL 60053

3 beds • 2 baths • 1332 sqft

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This property looks like a bad Airbnb investment with a projected -22.5% first-year return on $113k initial cash invested.

-22.5%

Cash On Cash

0.58%

Cap Rate

0.1

DSCR

$1,930

Rent

-$2,109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,930 income − $4,039 expenses = $2,109 out of pocket

Income$1,930Out of Pocket$2,109Mortgage P&I$2,251117%Property Taxes$70436%Insurance$1588%Management$29015%CapEx$774%Maintenance$774%Other$48225%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,930

Total Expenses

$4,039

Mortgage P&I

117%

$2,251

Property Taxes

36%

$704

Home Insurance

8%

$158

HOA

0%

$0

Property Management

15%

$290

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$482

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