REI Lense

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$2,434 (target)

801 Lundvall Ave, Rockford, IL 61107

3 beds • 2 baths • 1558 sqft

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This property might be a fair Long-Term investment with a projected 4.99% first-year return on $45,234 initial cash invested.

4.99%

Cash On Cash

7.72%

Cap Rate

1.29

DSCR

$2,434

Rent

$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,434 income − $2,246 expenses = $188 cash flow

Income$2,434Mortgage P&I$1,07544%Property Taxes$44418%Insurance$944%Management$24310%CapEx$1225%Vacancy$1466%Maintenance$1225%Cash Flow$188

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,234

Downpayment

20%

$43,080

Closing costs

1%

$2,154

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,434

Total Expenses

$2,246

Mortgage P&I

44%

$1,075

Property Taxes

18%

$444

Home Insurance

4%

$94

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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