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1611 Eastmoreland Ave, Rockford, IL 61108

3 beds • 2 baths • 1207 sqft

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This property could be a profitable Mid-Term investment with a projected 15.51% first-year return on $42,234 initial cash invested.

15.51%

Cash On Cash

12.87%

Cap Rate

2.03

DSCR

$2,050

Rent

$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,234

Downpayment

20%

$23,080

Closing costs

1%

$1,154

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,050

Total Expenses

$1,504

Mortgage P&I

30%

$610

Property Taxes

7%

$144

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

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