REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2912 Panorama Dr, Rockford, IL 61109

3 beds • 2 baths • 2584 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.88% first-year return on $69,135 initial cash invested.

-9.88%

Cash On Cash

3.96%

Cap Rate

0.63

DSCR

$2,307

Rent

-$569

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

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

$2,307

Total Expenses

$2,876

Mortgage P&I

55%

$1,280

Property Taxes

17%

$401

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$577

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis