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$2,292 (target)

2223 Winding Creek Dr, Belvidere, IL 61008

3 beds • 2 baths • 2198 sqft

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This property looks like a bad Long-Term investment with a projected -23.37% first-year return on $94,416 initial cash invested.

-23.37%

Cash On Cash

2.11%

Cap Rate

0.31

DSCR

$2,292

Rent

-$1,839

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,292 income − $4,131 expenses = $1,839 out of pocket

Income$2,292Out of Pocket$1,839Mortgage P&I$2,515110%Property Taxes$85037%Insurance$1637%HOA$6Management$22910%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,416

Downpayment

20%

$89,920

Closing costs

1%

$4,496

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,292

Total Expenses

$4,131

Mortgage P&I

110%

$2,515

Property Taxes

37%

$850

Home Insurance

7%

$163

HOA

0%

$6

Property Management

10%

$229

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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