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$1,973 (target)

3920 Ashwinton Way, Rockford, IL 61109

3 beds • 3 baths • 1810 sqft

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This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $56,532 initial cash invested.

-9.17%

Cash On Cash

4.55%

Cap Rate

0.75

DSCR

$1,973

Rent

-$432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,973 income − $2,405 expenses = $432 out of pocket

Income$1,973Out of Pocket$432Mortgage P&I$1,35369%Property Taxes$44322%Insurance$965%Management$19710%CapEx$995%Vacancy$1186%Maintenance$995%

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,532

Downpayment

20%

$53,840

Closing costs

1%

$2,692

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,973

Total Expenses

$2,405

Mortgage P&I

69%

$1,353

Property Taxes

22%

$443

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$99

Vacancy

6%

$118

Maintenance

5%

$99

Other

0%

$0

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