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$3,832 (target)

15558 E Country Meadows Rd, Mount Vernon, IL 62864

3 beds • 4 baths • 3094 sqft

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This property looks like a bad Mid-Term investment with a projected -1.69% first-year return on $98,871 initial cash invested.

-1.69%

Cash On Cash

6.14%

Cap Rate

1.01

DSCR

$3,832

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,832 income − $3,971 expenses = $139 out of pocket

Income$3,832Out of Pocket$139Mortgage P&I$1,95551%Property Taxes$57315%Insurance$1404%Management$46012%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42211%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,871

Downpayment

20%

$77,020

Closing costs

1%

$3,851

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,832

Total Expenses

$3,971

Mortgage P&I

51%

$1,955

Property Taxes

15%

$573

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$460

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$422

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