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$3,999 (target)

6370 Broadview Ave, Belvidere, IL 61008

3 beds • 3 baths • 2438 sqft

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This property might be a fair Mid-Term investment with a projected 6.33% first-year return on $84,990 initial cash invested.

6.33%

Cash On Cash

8.34%

Cap Rate

1.38

DSCR

$3,999

Rent

$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,999 income − $3,551 expenses = $448 cash flow

Income$3,999Mortgage P&I$1,60940%Property Taxes$47012%Insurance$1123%Management$48012%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44011%Cash Flow$448

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,999

Total Expenses

$3,551

Mortgage P&I

40%

$1,609

Property Taxes

12%

$470

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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