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1626 Constitution Pl, Rockford, IL 61103

3 beds • 2 baths • 1842 sqft

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This property might be a fair Airbnb investment with a projected 1.87% first-year return on $55,800 initial cash invested.

1.87%

Cash On Cash

7.61%

Cap Rate

1.2

DSCR

$2,552

Rent

$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,552

Total Expenses

$2,465

Mortgage P&I

37%

$952

Property Taxes

9%

$225

Home Insurance

2%

$63

HOA

0%

$0

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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5

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$1,100

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2

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0.9 mi

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$2,850

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5

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