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8622 N Cherryville Ln, Mount Vernon, IL 62864

3 beds • 3 baths • 2170 sqft

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This property looks like a bad Airbnb investment with a projected -21.43% first-year return on $103k initial cash invested.

-21.43%

Cash On Cash

0.87%

Cap Rate

0.14

DSCR

$1,712

Rent

-$1,844

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,712 income − $3,556 expenses = $1,844 out of pocket

Income$1,712Out of Pocket$1,844Mortgage P&I$2,072121%Property Taxes$51430%Insurance$1499%Management$25715%CapEx$684%Maintenance$684%Other$42825%

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,200

Closing costs

1%

$4,060

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,712

Total Expenses

$3,556

Mortgage P&I

121%

$2,072

Property Taxes

30%

$514

Home Insurance

9%

$149

HOA

0%

$0

Property Management

15%

$257

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$428

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