REI Lense

REI Lense

Unlock all features! Tap here to upgrade

24400 S Clydesdale Ct, Manhattan, IL 60442

3 beds • 3 baths • 1768 sqft

Email

This property looks like a bad Airbnb investment with a projected -22.77% first-year return on $106k initial cash invested.

-22.77%

Cash On Cash

0.39%

Cap Rate

0.07

DSCR

$2,372

Rent

-$2,007

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,372 income − $4,379 expenses = $2,007 out of pocket

Income$2,372Out of Pocket$2,007Mortgage P&I$2,04786%Property Taxes$1,03444%Insurance$1496%HOA$10Management$35615%CapEx$954%Maintenance$954%Other$59325%

Investment Breakdown

|

Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,580

Closing costs

1%

$4,179

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,372

Total Expenses

$4,379

Mortgage P&I

86%

$2,047

Property Taxes

44%

$1,034

Home Insurance

6%

$149

HOA

0%

$10

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$593

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis