REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,632 (target)

8253 N Nason Ln, Mount Vernon, IL 62864

3 beds • 2 baths • 2200 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.87% first-year return on $74,679 initial cash invested.

-9.87%

Cash On Cash

3.92%

Cap Rate

0.62

DSCR

$1,632

Rent

-$614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,632 income − $2,246 expenses = $614 out of pocket

Income$1,632Out of Pocket$614Mortgage P&I$1,43088%Property Taxes$16710%Insurance$946%Management$19612%CapEx$654%Vacancy$493%Maintenance$654%Other$18011%

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

$1,632

Total Expenses

$2,246

Mortgage P&I

88%

$1,430

Property Taxes

10%

$167

Home Insurance

6%

$94

HOA

0%

$0

Property Management

12%

$196

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$180

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis