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148 Rivermeade Ln, Belleville, IL 62220

3 beds • 3 baths • 1502 sqft

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This property looks like a bad Airbnb investment with a projected -6.81% first-year return on $73,125 initial cash invested.

-6.81%

Cash On Cash

5.3%

Cap Rate

0.8

DSCR

$3,169

Rent

-$415

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,169 income − $3,584 expenses = $415 out of pocket

Income$3,169Out of Pocket$415Mortgage P&I$1,44746%Property Taxes$49716%Insurance$933%HOA$261%Management$47515%CapEx$1274%Maintenance$1274%Other$79225%

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,125

Downpayment

20%

$52,500

Closing costs

1%

$2,625

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,169

Total Expenses

$3,584

Mortgage P&I

46%

$1,447

Property Taxes

16%

$497

Home Insurance

3%

$93

HOA

1%

$26

Property Management

15%

$475

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$792

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