REI Lense

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$4,009 (target)

3736 Modesto Dr, Rockford, IL 61114

3 beds • 2 baths • 1577 sqft

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This property could be a profitable Long-Term investment with a projected 30.25% first-year return on $47,250 initial cash invested.

30.25%

Cash On Cash

14%

Cap Rate

2.13

DSCR

$4,009

Rent

$1,191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,009 income − $2,818 expenses = $1,191 cash flow

Income$4,009Mortgage P&I$1,23431%Property Taxes$46312%Insurance$792%Management$40110%CapEx$2005%Vacancy$2416%Maintenance$2005%Cash Flow$1,191

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,009

Total Expenses

$2,818

Mortgage P&I

31%

$1,234

Property Taxes

12%

$463

Home Insurance

2%

$79

HOA

0%

$0

Property Management

10%

$401

CapEx

5%

$200

Vacancy

6%

$241

Maintenance

5%

$200

Other

0%

$0

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