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10340 Hoover Rd, Rock Falls, IL 61071

3 beds • 2 baths • 1695 sqft

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This property looks like a bad Airbnb investment with a projected -8.43% first-year return on $64,179 initial cash invested.

-8.43%

Cash On Cash

4.46%

Cap Rate

0.7

DSCR

$2,378

Rent

-$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,378 income − $2,829 expenses = $451 out of pocket

Income$2,378Out of Pocket$451Mortgage P&I$1,17349%Property Taxes$43818%Insurance$773%Management$35715%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$2,829

Mortgage P&I

49%

$1,173

Property Taxes

18%

$438

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

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