REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1508 Marion St, Carterville, IL 62918

3 beds • 2 baths • 1652 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.2% first-year return on $70,185 initial cash invested.

-9.2%

Cash On Cash

4.19%

Cap Rate

0.66

DSCR

$2,307

Rent

-$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,307 income − $2,845 expenses = $538 out of pocket

Income$2,307Out of Pocket$538Mortgage P&I$1,31357%Property Taxes$33815%Insurance$874%Management$34615%CapEx$924%Maintenance$924%Other$57725%

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

$2,307

Total Expenses

$2,845

Mortgage P&I

57%

$1,313

Property Taxes

15%

$338

Home Insurance

4%

$87

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$577

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis