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$3,438 (target)

2223 Winding Creek Dr, Belvidere, IL 61008

3 beds • 2 baths • 2198 sqft

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This property looks like a bad Mid-Term investment with a projected -13.51% first-year return on $112k initial cash invested.

-13.51%

Cash On Cash

3.7%

Cap Rate

0.55

DSCR

$3,438

Rent

-$1,266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,438 income − $4,704 expenses = $1,266 out of pocket

Income$3,438Out of Pocket$1,266Mortgage P&I$2,51573%Property Taxes$85025%Insurance$1635%HOA$6Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37811%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,920

Closing costs

1%

$4,496

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,438

Total Expenses

$4,704

Mortgage P&I

73%

$2,515

Property Taxes

25%

$850

Home Insurance

5%

$163

HOA

0%

$6

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$378

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