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$2,964 (target)

2783 Karr Rd, Belvidere, IL 61008

3 beds • 2 baths • 2523 sqft

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This property might be a fair Long-Term investment with a projected 3.83% first-year return on $60,501 initial cash invested.

3.83%

Cash On Cash

7.55%

Cap Rate

1.23

DSCR

$2,964

Rent

$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,964 income − $2,771 expenses = $193 cash flow

Income$2,964Mortgage P&I$1,47150%Property Taxes$42714%Insurance$1033%Management$29610%CapEx$1485%Vacancy$1786%Maintenance$1485%Cash Flow$193

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,501

Downpayment

20%

$57,620

Closing costs

1%

$2,881

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,964

Total Expenses

$2,771

Mortgage P&I

50%

$1,471

Property Taxes

14%

$427

Home Insurance

3%

$103

HOA

0%

$0

Property Management

10%

$296

CapEx

5%

$148

Vacancy

6%

$178

Maintenance

5%

$148

Other

0%

$0

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