REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3429 City View Dr, Rockford, IL 61101

3 beds • 2 baths • 1610 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.13% first-year return on $62,793 initial cash invested.

-6.13%

Cash On Cash

5.17%

Cap Rate

0.8

DSCR

$2,444

Rent

-$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,793

Downpayment

20%

$42,660

Closing costs

1%

$2,133

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,444

Total Expenses

$2,765

Mortgage P&I

47%

$1,142

Property Taxes

15%

$372

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$611

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis