REI Lense

REI Lense

Unlock all features! Tap here to upgrade

311 Gateway Rd, Marion, IL 62959

3 beds • 2 baths • 1720 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.57% first-year return on $80,370 initial cash invested.

-10.57%

Cash On Cash

3.86%

Cap Rate

0.61

DSCR

$2,232

Rent

-$708

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,232 income − $2,940 expenses = $708 out of pocket

Income$2,232Out of Pocket$708Mortgage P&I$1,57471%Property Taxes$1919%Insurance$1045%Management$33515%CapEx$894%Maintenance$894%Other$55825%

Investment Breakdown

|

Purchase Price

$297k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,370

Downpayment

20%

$59,400

Closing costs

1%

$2,970

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,232

Total Expenses

$2,940

Mortgage P&I

71%

$1,574

Property Taxes

9%

$191

Home Insurance

5%

$104

HOA

0%

$0

Property Management

15%

$335

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$558

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis