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2912 Panorama Dr, Rockford, IL 61109

3 beds • 2 baths • 2584 sqft

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This property looks like a bad Airbnb investment with a projected -9.36% first-year return on $69,135 initial cash invested.

-9.36%

Cash On Cash

4.11%

Cap Rate

0.65

DSCR

$2,362

Rent

-$539

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,135

Downpayment

20%

$48,700

Closing costs

1%

$2,435

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,362

Total Expenses

$2,901

Mortgage P&I

54%

$1,280

Property Taxes

17%

$401

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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