REI Lense

REI Lense

Unlock all features! Tap here to upgrade

15 Homestead Dr, Mount Vernon, IL 62864

3 beds • 2 baths • 1588 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.44% first-year return on $55,149 initial cash invested.

-2.44%

Cash On Cash

6.12%

Cap Rate

0.96

DSCR

$1,858

Rent

-$112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,858 income − $1,970 expenses = $112 out of pocket

Income$1,858Out of Pocket$112Mortgage P&I$94051%Property Taxes$875%Insurance$523%Management$27915%CapEx$744%Maintenance$744%Other$46425%

Investment Breakdown

|

Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,149

Downpayment

20%

$35,380

Closing costs

1%

$1,769

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,858

Total Expenses

$1,970

Mortgage P&I

51%

$940

Property Taxes

5%

$87

Home Insurance

3%

$52

HOA

0%

$0

Property Management

15%

$279

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$464

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis