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$3,002 (target)

2974 17th St, Rockford, IL 61109

3 beds • 3 baths • 1408 sqft

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This property could be a profitable Mid-Term investment with a projected 11.69% first-year return on $59,832 initial cash invested.

11.69%

Cash On Cash

10.57%

Cap Rate

1.67

DSCR

$3,002

Rent

$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,002 income − $2,419 expenses = $583 cash flow

Income$3,002Mortgage P&I$1,05235%Property Taxes$28710%Insurance$602%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$583

Investment Breakdown

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Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,832

Downpayment

20%

$39,840

Closing costs

1%

$1,992

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,002

Total Expenses

$2,419

Mortgage P&I

35%

$1,052

Property Taxes

10%

$287

Home Insurance

2%

$60

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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