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1045 Law Cir, Belvidere, IL 61008

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Airbnb investment with a projected -13.21% first-year return on $74,679 initial cash invested.

-13.21%

Cash On Cash

2.74%

Cap Rate

0.46

DSCR

$2,304

Rent

-$822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $3,126 expenses = $822 out of pocket

Income$2,304Out of Pocket$822Mortgage P&I$1,34758%Property Taxes$57925%Insurance$944%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

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

$2,304

Total Expenses

$3,126

Mortgage P&I

58%

$1,347

Property Taxes

25%

$579

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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