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$2,714 (target)

3724 Florida Dr, Rockford, IL 61108

3 beds • 2 baths • 1684 sqft

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This property might be a fair Mid-Term investment with a projected 9.67% first-year return on $61,554 initial cash invested.

9.67%

Cash On Cash

10.07%

Cap Rate

1.53

DSCR

$2,714

Rent

$496

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,714 income − $2,218 expenses = $496 cash flow

Income$2,714Mortgage P&I$1,13542%Property Taxes$853%Insurance$743%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$496

Investment Breakdown

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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

$2,714

Total Expenses

$2,218

Mortgage P&I

42%

$1,135

Property Taxes

3%

$85

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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