REI Lense

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$1,814 (target)

525 N Rockton Ave, Rockford, IL 61103

3 beds • 2 baths • 1352 sqft

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This property could be a profitable Long-Term investment with a projected 11.61% first-year return on $30,996 initial cash invested.

11.61%

Cash On Cash

9.75%

Cap Rate

1.48

DSCR

$1,814

Rent

$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,814 income − $1,514 expenses = $300 cash flow

Income$1,814Mortgage P&I$80845%Property Taxes$17810%Insurance$563%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$300

Investment Breakdown

|

Purchase Price

$148k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,996

Downpayment

20%

$29,520

Closing costs

1%

$1,476

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,814

Total Expenses

$1,514

Mortgage P&I

45%

$808

Property Taxes

10%

$178

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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