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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 -17.54% first-year return on $102k initial cash invested.

-17.54%

Cash On Cash

1.73%

Cap Rate

0.29

DSCR

$2,426

Rent

-$1,491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $3,917 expenses = $1,491 out of pocket

Income$2,426Out of Pocket$1,491Mortgage P&I$1,97281%Property Taxes$64126%Insurance$1406%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

|

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

$2,426

Total Expenses

$3,917

Mortgage P&I

81%

$1,972

Property Taxes

26%

$641

Home Insurance

6%

$140

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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