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7396 Countryshire Ln, Rockford, IL 61107

3 beds • 2 baths • 1708 sqft

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This property looks like a bad Airbnb investment with a projected -9.49% first-year return on $87,741 initial cash invested.

-9.49%

Cash On Cash

3.81%

Cap Rate

0.65

DSCR

$3,060

Rent

-$694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,741

Downpayment

20%

$66,420

Closing costs

1%

$3,321

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,060

Total Expenses

$3,754

Mortgage P&I

53%

$1,627

Property Taxes

18%

$540

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$459

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$765

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