REI Lense

REI Lense

Unlock all features! Tap here to upgrade

307 W 6th St, Metropolis, IL 62960

3 beds • 2 baths • 1196 sqft

Email

This property might be a fair Airbnb investment with a projected 6.7% first-year return on $43,158 initial cash invested.

6.7%

Cash On Cash

9.61%

Cap Rate

1.51

DSCR

$2,065

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,065 income − $1,824 expenses = $241 cash flow

Income$2,065Mortgage P&I$63531%Property Taxes$1527%Insurance$452%Management$31015%CapEx$834%Maintenance$834%Other$51625%Cash Flow$241

Investment Breakdown

|

Purchase Price

$120k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,158

Downpayment

20%

$23,960

Closing costs

1%

$1,198

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,065

Total Expenses

$1,824

Mortgage P&I

31%

$635

Property Taxes

7%

$152

Home Insurance

2%

$45

HOA

0%

$0

Property Management

15%

$310

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$516

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis