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2829 Woodside Dr, Rockford, IL 61109

3 beds • 2 baths • 1649 sqft

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This property looks like a bad Airbnb investment with a projected -7.42% first-year return on $74,532 initial cash invested.

-7.42%

Cash On Cash

4.36%

Cap Rate

0.73

DSCR

$2,489

Rent

-$461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,489 income − $2,950 expenses = $461 out of pocket

Income$2,489Out of Pocket$461Mortgage P&I$1,34054%Property Taxes$31913%Insurance$964%Management$37315%CapEx$1004%Maintenance$1004%Other$62225%

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,532

Downpayment

20%

$53,840

Closing costs

1%

$2,692

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,489

Total Expenses

$2,950

Mortgage P&I

54%

$1,340

Property Taxes

13%

$319

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$373

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$622

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