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$1,821 (target)

1518 9th Ave, Rockford, IL 61104

3 beds • 2 baths • 1718 sqft

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This property could be a profitable Long-Term investment with a projected 21.85% first-year return on $26,691 initial cash invested.

21.85%

Cash On Cash

11.81%

Cap Rate

1.86

DSCR

$1,821

Rent

$486

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,821 income − $1,335 expenses = $486 cash flow

Income$1,821Mortgage P&I$67437%Property Taxes$1367%Insurance$523%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$486

Investment Breakdown

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Purchase Price

$127k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,691

Downpayment

20%

$25,420

Closing costs

1%

$1,271

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,821

Total Expenses

$1,335

Mortgage P&I

37%

$674

Property Taxes

7%

$136

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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