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3524 N Main St, Rockford, IL 61103

3 beds • 3 baths • 1775 sqft

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This property could be a profitable Airbnb investment with a projected 14.89% first-year return on $54,729 initial cash invested.

14.89%

Cash On Cash

12.04%

Cap Rate

1.89

DSCR

$3,669

Rent

$679

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,669 income − $2,990 expenses = $679 cash flow

Income$3,669Mortgage P&I$92925%Property Taxes$2397%Insurance$612%Management$55015%CapEx$1474%Maintenance$1474%Other$91725%Cash Flow$679

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,669

Total Expenses

$2,990

Mortgage P&I

25%

$929

Property Taxes

7%

$239

Home Insurance

2%

$61

HOA

0%

$0

Property Management

15%

$550

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$917

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