REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3802 Northline Dr, Rockford, IL 61101

3 beds • 3 baths • 2200 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.49% first-year return on $69,555 initial cash invested.

-11.49%

Cash On Cash

3.78%

Cap Rate

0.58

DSCR

$2,410

Rent

-$666

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,410 income − $3,076 expenses = $666 out of pocket

Income$2,410Out of Pocket$666Mortgage P&I$1,34456%Property Taxes$48820%Insurance$884%Management$36215%CapEx$964%Maintenance$964%Other$60225%

Investment Breakdown

|

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

$2,410

Total Expenses

$3,076

Mortgage P&I

56%

$1,344

Property Taxes

20%

$488

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$362

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$602

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis