REI Lense

REI Lense

Unlock all features! Tap here to upgrade

824 Pace Ave, Mount Vernon, IL 62864

3 beds • 2 baths • 1232 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.93% first-year return on $52,902 initial cash invested.

-11.93%

Cash On Cash

3.08%

Cap Rate

0.49

DSCR

$1,853

Rent

-$526

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,853 income − $2,379 expenses = $526 out of pocket

Income$1,853Out of Pocket$526Mortgage P&I$87847%Property Taxes$55330%Insurance$593%Management$27815%CapEx$744%Maintenance$744%Other$46325%

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,902

Downpayment

20%

$33,240

Closing costs

1%

$1,662

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,853

Total Expenses

$2,379

Mortgage P&I

47%

$878

Property Taxes

30%

$553

Home Insurance

3%

$59

HOA

0%

$0

Property Management

15%

$278

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$463

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis