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6859 Fitzgerald Rd, Rockford, IL 61102

3 beds • 3 baths • 2032 sqft

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This property looks like a bad Airbnb investment with a projected -15.05% first-year return on $112k initial cash invested.

-15.05%

Cash On Cash

2.38%

Cap Rate

0.4

DSCR

$2,426

Rent

-$1,411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$3,837

Mortgage P&I

91%

$2,206

Property Taxes

13%

$309

Home Insurance

7%

$158

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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