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$3,213 (target)

1510 14th Ave, Belvidere, IL 61008

3 beds • 2 baths • 1754 sqft

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This property might be a fair Mid-Term investment with a projected 4.7% first-year return on $69,492 initial cash invested.

4.7%

Cash On Cash

8.73%

Cap Rate

1.29

DSCR

$3,213

Rent

$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,213 income − $2,941 expenses = $272 cash flow

Income$3,213Mortgage P&I$1,38243%Property Taxes$37812%Insurance$883%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35311%Cash Flow$272

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,492

Downpayment

20%

$49,040

Closing costs

1%

$2,452

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,213

Total Expenses

$2,941

Mortgage P&I

43%

$1,382

Property Taxes

12%

$378

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$353

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