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2819 Mary St, Belvidere, IL 61008

3 beds • 2 baths • 1736 sqft

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This property looks like a bad Airbnb investment with a projected -12.6% first-year return on $85,746 initial cash invested.

-12.6%

Cash On Cash

3.27%

Cap Rate

0.53

DSCR

$2,806

Rent

-$900

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,806 income − $3,706 expenses = $900 out of pocket

Income$2,806Out of Pocket$900Mortgage P&I$1,66859%Property Taxes$57520%Insurance$1164%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,746

Downpayment

20%

$64,520

Closing costs

1%

$3,226

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,806

Total Expenses

$3,706

Mortgage P&I

59%

$1,668

Property Taxes

20%

$575

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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