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$1,821 (target)

2218 Benderwirt Ave, Rockford, IL 61103

3 beds • 2 baths • 2012 sqft

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This property could be a profitable Long-Term investment with a projected 10.32% first-year return on $33,138 initial cash invested.

10.32%

Cash On Cash

9.23%

Cap Rate

1.45

DSCR

$1,821

Rent

$285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,821 income − $1,536 expenses = $285 cash flow

Income$1,821Mortgage P&I$83846%Property Taxes$1719%Insurance$543%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$285

Investment Breakdown

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Purchase Price

$158k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,138

Downpayment

20%

$31,560

Closing costs

1%

$1,578

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,821

Total Expenses

$1,536

Mortgage P&I

46%

$838

Property Taxes

9%

$171

Home Insurance

3%

$54

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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