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$4,446 (target)

2783 Karr Rd, Belvidere, IL 61008

3 beds • 2 baths • 2523 sqft

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This property could be a profitable Mid-Term investment with a projected 14.26% first-year return on $78,501 initial cash invested.

14.26%

Cash On Cash

10.75%

Cap Rate

1.76

DSCR

$4,446

Rent

$933

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,446 income − $3,513 expenses = $933 cash flow

Income$4,446Mortgage P&I$1,47133%Property Taxes$42710%Insurance$1032%Management$53412%CapEx$1784%Vacancy$1333%Maintenance$1784%Other$48911%Cash Flow$933

Investment Breakdown

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Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,501

Downpayment

20%

$57,620

Closing costs

1%

$2,881

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,446

Total Expenses

$3,513

Mortgage P&I

33%

$1,471

Property Taxes

10%

$427

Home Insurance

2%

$103

HOA

0%

$0

Property Management

12%

$534

CapEx

4%

$178

Vacancy

3%

$133

Maintenance

4%

$178

Other

11%

$489

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