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2523 Bluffside Dr, Rockford, IL 61109

3 beds • 2 baths • 1464 sqft

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This property looks like a bad Airbnb investment with a projected -4.14% first-year return on $62,268 initial cash invested.

-4.14%

Cash On Cash

5.65%

Cap Rate

0.9

DSCR

$2,493

Rent

-$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,268

Downpayment

20%

$42,160

Closing costs

1%

$2,108

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,493

Total Expenses

$2,708

Mortgage P&I

44%

$1,108

Property Taxes

13%

$328

Home Insurance

3%

$75

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$623

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