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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 -16.26% first-year return on $85,746 initial cash invested.

-16.26%

Cash On Cash

2.22%

Cap Rate

0.36

DSCR

$2,301

Rent

-$1,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,301 income − $3,463 expenses = $1,162 out of pocket

Income$2,301Out of Pocket$1,162Mortgage P&I$1,66872%Property Taxes$57525%Insurance$1165%Management$34515%CapEx$924%Maintenance$924%Other$57525%

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

$2,301

Total Expenses

$3,463

Mortgage P&I

72%

$1,668

Property Taxes

25%

$575

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$575

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