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$2,886 (target)

7564 Ivory Ct, Rockford, IL 61108

3 beds • 2 baths • 1554 sqft

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This property might be a fair Mid-Term investment with a projected 9.04% first-year return on $59,979 initial cash invested.

9.04%

Cash On Cash

9.82%

Cap Rate

1.53

DSCR

$2,886

Rent

$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,886 income − $2,434 expenses = $452 cash flow

Income$2,886Mortgage P&I$1,06937%Property Taxes$31511%Insurance$702%Management$34612%CapEx$1154%Vacancy$873%Maintenance$1154%Other$31711%Cash Flow$452

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,886

Total Expenses

$2,434

Mortgage P&I

37%

$1,069

Property Taxes

11%

$315

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$87

Maintenance

4%

$115

Other

11%

$317

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