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6074 Abington Dr, Rockford, IL 61109

3 beds • 2 baths • 2652 sqft

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This property looks like a bad Airbnb investment with a projected -8.94% first-year return on $72,180 initial cash invested.

-8.94%

Cash On Cash

3.74%

Cap Rate

0.64

DSCR

$1,924

Rent

-$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,180

Downpayment

20%

$51,600

Closing costs

1%

$2,580

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,924

Total Expenses

$2,462

Mortgage P&I

66%

$1,265

Property Taxes

10%

$183

Home Insurance

5%

$90

HOA

0%

$0

Property Management

15%

$289

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$481

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