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8253 N Nason Ln, Mount Vernon, IL 62864

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Airbnb investment with a projected -13.63% first-year return on $74,679 initial cash invested.

-13.63%

Cash On Cash

2.88%

Cap Rate

0.45

DSCR

$1,621

Rent

-$848

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,621 income − $2,469 expenses = $848 out of pocket

Income$1,621Out of Pocket$848Mortgage P&I$1,43088%Property Taxes$16710%Insurance$946%Management$24315%CapEx$654%Maintenance$654%Other$40525%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,621

Total Expenses

$2,469

Mortgage P&I

88%

$1,430

Property Taxes

10%

$167

Home Insurance

6%

$94

HOA

0%

$0

Property Management

15%

$243

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$405

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