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15 Homestead Dr, Mount Vernon, IL 62864

3 beds • 2 baths • 1588 sqft

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This property looks like a bad Airbnb investment with a projected -3.52% first-year return on $55,149 initial cash invested.

-3.52%

Cash On Cash

5.76%

Cap Rate

0.9

DSCR

$1,765

Rent

-$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,765 income − $1,927 expenses = $162 out of pocket

Income$1,765Out of Pocket$162Mortgage P&I$94053%Property Taxes$875%Insurance$523%Management$26515%CapEx$714%Maintenance$714%Other$44125%

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

$1,765

Total Expenses

$1,927

Mortgage P&I

53%

$940

Property Taxes

5%

$87

Home Insurance

3%

$52

HOA

0%

$0

Property Management

15%

$265

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$441

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