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3641 Casandra Dr, Rockford, IL 61114

3 beds • 2 baths • 2041 sqft

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This property might be a fair Airbnb investment with a projected 4.03% first-year return on $71,550 initial cash invested.

4.03%

Cash On Cash

8%

Cap Rate

1.29

DSCR

$3,581

Rent

$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,581 income − $3,341 expenses = $240 cash flow

Income$3,581Mortgage P&I$1,31837%Property Taxes$2166%Insurance$892%Management$53715%CapEx$1434%Maintenance$1434%Other$89525%Cash Flow$240

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,581

Total Expenses

$3,341

Mortgage P&I

37%

$1,318

Property Taxes

6%

$216

Home Insurance

2%

$89

HOA

0%

$0

Property Management

15%

$537

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$895

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