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$2,628 (target)

2430 Evanston Dr, Rockford, IL 61108

3 beds • 2 baths • 1338 sqft

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This property might be a fair Mid-Term investment with a projected 3.33% first-year return on $63,486 initial cash invested.

3.33%

Cash On Cash

8.04%

Cap Rate

1.24

DSCR

$2,628

Rent

$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,628 income − $2,452 expenses = $176 cash flow

Income$2,628Mortgage P&I$1,17045%Property Taxes$31212%Insurance$773%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$176

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,486

Downpayment

20%

$43,320

Closing costs

1%

$2,166

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,628

Total Expenses

$2,452

Mortgage P&I

45%

$1,170

Property Taxes

12%

$312

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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