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6481 Palo Verde Dr, Rockford, IL 61114

3 beds • 3 baths • 1830 sqft

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This property looks like a bad Airbnb investment with a projected -10.04% first-year return on $87,237 initial cash invested.

-10.04%

Cash On Cash

3.76%

Cap Rate

0.63

DSCR

$3,119

Rent

-$730

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,119 income − $3,849 expenses = $730 out of pocket

Income$3,119Out of Pocket$730Mortgage P&I$1,63752%Property Taxes$59519%Insurance$1194%Management$46815%CapEx$1254%Maintenance$1254%Other$78025%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,237

Downpayment

20%

$65,940

Closing costs

1%

$3,297

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,119

Total Expenses

$3,849

Mortgage P&I

52%

$1,637

Property Taxes

19%

$595

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$780

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