REI Lense

REI Lense

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$1,684 (target)

1021 22nd St, Rock Island, IL 61201

3 beds • 2 baths • 1920 sqft

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This property could be a profitable Long-Term investment with a projected 13.28% first-year return on $25,305 initial cash invested.

13.28%

Cash On Cash

10.12%

Cap Rate

1.56

DSCR

$1,684

Rent

$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,684 income − $1,404 expenses = $280 cash flow

Income$1,684Mortgage P&I$65239%Property Taxes$27316%Insurance$422%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%Cash Flow$280

Investment Breakdown

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Purchase Price

$121k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,305

Downpayment

20%

$24,100

Closing costs

1%

$1,205

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,684

Total Expenses

$1,404

Mortgage P&I

39%

$652

Property Taxes

16%

$273

Home Insurance

2%

$42

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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