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$2,044 (target)

1014 23rd Ave, Rock Island, IL 61201

3 beds • 2 baths • 892 sqft

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This property could be a profitable Mid-Term investment with a projected 10.5% first-year return on $46,854 initial cash invested.

10.5%

Cash On Cash

10.64%

Cap Rate

1.68

DSCR

$2,044

Rent

$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,044 income − $1,634 expenses = $410 cash flow

Income$2,044Mortgage P&I$72636%Property Taxes$1678%Insurance$462%Management$24512%CapEx$824%Vacancy$613%Maintenance$824%Other$22511%Cash Flow$410

Investment Breakdown

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Purchase Price

$137k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,854

Downpayment

20%

$27,480

Closing costs

1%

$1,374

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,044

Total Expenses

$1,634

Mortgage P&I

36%

$726

Property Taxes

8%

$167

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$245

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$225

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