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$2,420 (target)

2303 Lucille St, Rockford, IL 61104

3 beds • 2 baths • 936 sqft

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This property could be a profitable Mid-Term investment with a projected 16.24% first-year return on $49,500 initial cash invested.

16.24%

Cash On Cash

12.73%

Cap Rate

1.93

DSCR

$2,420

Rent

$670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,420 income − $1,750 expenses = $670 cash flow

Income$2,420Mortgage P&I$82434%Property Taxes$512%Insurance$522%Management$29012%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$670

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,420

Total Expenses

$1,750

Mortgage P&I

34%

$824

Property Taxes

2%

$51

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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