REI Lense

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141 Rivermeade Ln, Belleville, IL 62220

3 beds • 3 baths • 1560 sqft

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This property looks like a bad Airbnb investment with a projected -3.81% first-year return on $75,603 initial cash invested.

-3.81%

Cash On Cash

5.47%

Cap Rate

0.92

DSCR

$3,450

Rent

-$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,603

Downpayment

20%

$54,860

Closing costs

1%

$2,743

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,450

Total Expenses

$3,690

Mortgage P&I

39%

$1,353

Property Taxes

16%

$559

Home Insurance

3%

$96

HOA

1%

$26

Property Management

15%

$518

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$862

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