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$4,126 (target)

3802 Northline Dr, Rockford, IL 61101

3 beds • 3 baths • 2200 sqft

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This property could be a profitable Mid-Term investment with a projected 13.85% first-year return on $69,555 initial cash invested.

13.85%

Cash On Cash

11.3%

Cap Rate

1.72

DSCR

$4,126

Rent

$803

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,126 income − $3,323 expenses = $803 cash flow

Income$4,126Mortgage P&I$1,34433%Property Taxes$48812%Insurance$882%Management$49512%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45411%Cash Flow$803

Investment Breakdown

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Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,555

Downpayment

20%

$49,100

Closing costs

1%

$2,455

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,126

Total Expenses

$3,323

Mortgage P&I

33%

$1,344

Property Taxes

12%

$488

Home Insurance

2%

$88

HOA

0%

$0

Property Management

12%

$495

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$454

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