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$3,458 (target)

5491 Tate Rd, Rockford, IL 61101

3 beds • 2 baths • 1950 sqft

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This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $87,027 initial cash invested.

1.17%

Cash On Cash

6.85%

Cap Rate

1.13

DSCR

$3,458

Rent

$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,458 income − $3,373 expenses = $85 cash flow

Income$3,458Mortgage P&I$1,65248%Property Taxes$42712%Insurance$1193%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$85

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,027

Downpayment

20%

$65,740

Closing costs

1%

$3,287

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,458

Total Expenses

$3,373

Mortgage P&I

48%

$1,652

Property Taxes

12%

$427

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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