REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1982 N Meridian Rd, Rockford, IL 61101

3 beds • 3 baths • 1818 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.7% first-year return on $66,150 initial cash invested.

-13.7%

Cash On Cash

3.34%

Cap Rate

0.57

DSCR

$1,670

Rent

-$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,670

Total Expenses

$2,425

Mortgage P&I

93%

$1,549

Property Taxes

20%

$331

Home Insurance

7%

$110

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

2916 School St, Rockford, IL 61101

$2,400

3

2

1578

2.3 mi

2024 Green St, Rockford, IL 61102

$1,695

3

2

1638

3 mi

2140 Maxine Ln, Rockford, IL 61102

$2,395

3

2

2112

3.2 mi

1419 Chestnut St, Rockford, IL 61102

$1,700

3

1.5

1700

3.4 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis