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2515 Mandrake Dr, Rockford, IL 61108

3 beds • 2 baths • 2233 sqft

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This property might be a fair Mid-Term investment with a projected 9.17% first-year return on $71,550 initial cash invested.

9.17%

Cash On Cash

9.16%

Cap Rate

1.54

DSCR

$3,458

Rent

$547

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

$3,458

Total Expenses

$2,911

Mortgage P&I

37%

$1,262

Property Taxes

11%

$383

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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