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32 Shadow Ridge Ln, Rockford, IL 61107

3 beds • 2 baths • 1838 sqft

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This property looks like a bad Airbnb investment with a projected -17.8% first-year return on $127k initial cash invested.

-17.8%

Cash On Cash

1.88%

Cap Rate

0.32

DSCR

$3,393

Rent

-$1,878

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$517k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$103k

Closing costs

1%

$5,171

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,393

Total Expenses

$5,271

Mortgage P&I

75%

$2,550

Property Taxes

27%

$905

Home Insurance

6%

$187

HOA

0%

$0

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$848

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