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1508 Marion St, Carterville, IL 62918

3 beds • 2 baths • 1652 sqft

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This property looks like a bad Airbnb investment with a projected -9.04% first-year return on $70,185 initial cash invested.

-9.04%

Cash On Cash

4.24%

Cap Rate

0.67

DSCR

$2,326

Rent

-$529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,326 income − $2,855 expenses = $529 out of pocket

Income$2,326Out of Pocket$529Mortgage P&I$1,31356%Property Taxes$33815%Insurance$874%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,185

Downpayment

20%

$49,700

Closing costs

1%

$2,485

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,326

Total Expenses

$2,855

Mortgage P&I

56%

$1,313

Property Taxes

15%

$338

Home Insurance

4%

$87

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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