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629 E Lincoln Ave, Belvidere, IL 61008

3 beds • 3 baths • 2812 sqft

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This property looks like a bad Airbnb investment with a projected -18.56% first-year return on $102k initial cash invested.

-18.56%

Cash On Cash

1.46%

Cap Rate

0.25

DSCR

$2,263

Rent

-$1,577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,263 income − $3,840 expenses = $1,577 out of pocket

Income$2,263Out of Pocket$1,577Mortgage P&I$1,97287%Property Taxes$64128%Insurance$1406%Management$33915%CapEx$914%Maintenance$914%Other$56625%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,263

Total Expenses

$3,840

Mortgage P&I

87%

$1,972

Property Taxes

28%

$641

Home Insurance

6%

$140

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$566

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