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2404 Winnetka Dr, Rockford, IL 61108

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -15.3% first-year return on $53,574 initial cash invested.

-15.3%

Cash On Cash

1.81%

Cap Rate

0.28

DSCR

$1,039

Rent

-$683

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,039 income − $1,722 expenses = $683 out of pocket

Income$1,039Out of Pocket$683Mortgage P&I$89686%Property Taxes$25625%Insurance$707%Management$15615%CapEx$424%Maintenance$424%Other$26025%

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,574

Downpayment

20%

$33,880

Closing costs

1%

$1,694

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,039

Total Expenses

$1,722

Mortgage P&I

86%

$896

Property Taxes

25%

$256

Home Insurance

7%

$70

HOA

0%

$0

Property Management

15%

$156

CapEx

4%

$42

Vacancy

0%

$0

Maintenance

4%

$42

Other

25%

$260

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