REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,116 (target)

2031 Ridge Ave, Rockford, IL 61103

3 beds • 2 baths • 1270 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.91% first-year return on $56,850 initial cash invested.

3.91%

Cash On Cash

8.15%

Cap Rate

1.27

DSCR

$2,116

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,116

Total Expenses

$1,931

Mortgage P&I

47%

$987

Property Taxes

8%

$159

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$63

Maintenance

4%

$85

Other

11%

$233

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis