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$2,790 (target)

2335 11th St, Rockford, IL 61104

3 beds • 2 baths • 1705 sqft

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This property could be a profitable Mid-Term investment with a projected 25.99% first-year return on $44,880 initial cash invested.

25.99%

Cash On Cash

16.66%

Cap Rate

2.56

DSCR

$2,790

Rent

$972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,790 income − $1,818 expenses = $972 cash flow

Income$2,790Mortgage P&I$69325%Property Taxes$1335%Insurance$422%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$972

Investment Breakdown

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Purchase Price

$128k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,880

Downpayment

20%

$25,600

Closing costs

1%

$1,280

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,790

Total Expenses

$1,818

Mortgage P&I

25%

$693

Property Taxes

5%

$133

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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