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2515 Mandrake Dr, Rockford, IL 61108

3 beds • 2 baths • 2233 sqft

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This property looks like a bad Airbnb investment with a projected -10.5% first-year return on $71,550 initial cash invested.

-10.5%

Cash On Cash

3.39%

Cap Rate

0.57

DSCR

$2,133

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,133

Total Expenses

$2,759

Mortgage P&I

59%

$1,262

Property Taxes

18%

$383

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$320

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$533

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