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2031 Ridge Ave, Rockford, IL 61103

3 beds • 2 baths • 1270 sqft

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This property looks like a bad Long-Term investment with a projected -5.19% first-year return on $38,850 initial cash invested.

-5.19%

Cash On Cash

5.77%

Cap Rate

0.9

DSCR

$1,411

Rent

-$168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,411

Total Expenses

$1,579

Mortgage P&I

70%

$987

Property Taxes

11%

$159

Home Insurance

5%

$65

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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