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1520 Kerstin Ct, Rockford, IL 61108

3 beds • 3 baths • 2481 sqft

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This property looks like a bad Airbnb investment with a projected -8.58% first-year return on $72,726 initial cash invested.

-8.58%

Cash On Cash

4.11%

Cap Rate

0.68

DSCR

$2,637

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,637 income − $3,157 expenses = $520 out of pocket

Income$2,637Out of Pocket$520Mortgage P&I$1,30750%Property Taxes$49219%Insurance$934%Management$39615%CapEx$1054%Maintenance$1054%Other$65925%

Investment Breakdown

|

Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,726

Downpayment

20%

$52,120

Closing costs

1%

$2,606

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,637

Total Expenses

$3,157

Mortgage P&I

50%

$1,307

Property Taxes

19%

$492

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$659

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