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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 -11.87% first-year return on $74,679 initial cash invested.

-11.87%

Cash On Cash

3.14%

Cap Rate

0.52

DSCR

$2,462

Rent

-$739

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,462 income − $3,201 expenses = $739 out of pocket

Income$2,462Out of Pocket$739Mortgage P&I$1,34755%Property Taxes$57924%Insurance$944%Management$36915%CapEx$984%Maintenance$984%Other$61625%

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

$2,462

Total Expenses

$3,201

Mortgage P&I

55%

$1,347

Property Taxes

24%

$579

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$369

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$616

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