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1982 N Meridian Rd, Rockford, IL 61101

3 beds • 3 baths • 1818 sqft

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This property looks like a bad Airbnb investment with a projected -1.73% first-year return on $84,150 initial cash invested.

-1.73%

Cash On Cash

5.99%

Cap Rate

1.01

DSCR

$3,594

Rent

-$121

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

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,594

Total Expenses

$3,715

Mortgage P&I

43%

$1,549

Property Taxes

9%

$331

Home Insurance

3%

$110

HOA

0%

$0

Property Management

15%

$539

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$898

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