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3724 Florida Dr, Rockford, IL 61108

3 beds • 2 baths • 1684 sqft

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This property looks like a bad Airbnb investment with a projected -15.42% first-year return on $61,554 initial cash invested.

-15.42%

Cash On Cash

2.22%

Cap Rate

0.34

DSCR

$968

Rent

-$791

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$968 income − $1,759 expenses = $791 out of pocket

Income$968Out of Pocket$791Mortgage P&I$1,135117%Property Taxes$859%Insurance$748%Management$14515%CapEx$394%Maintenance$394%Other$24225%

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,554

Downpayment

20%

$41,480

Closing costs

1%

$2,074

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$968

Total Expenses

$1,759

Mortgage P&I

117%

$1,135

Property Taxes

9%

$85

Home Insurance

8%

$74

HOA

0%

$0

Property Management

15%

$145

CapEx

4%

$39

Vacancy

0%

$0

Maintenance

4%

$39

Other

25%

$242

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