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$2,526 (target)

1021 22nd St, Rock Island, IL 61201

3 beds • 2 baths • 1920 sqft

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This property could be a profitable Mid-Term investment with a projected 19.4% first-year return on $43,305 initial cash invested.

19.4%

Cash On Cash

14.47%

Cap Rate

2.23

DSCR

$2,526

Rent

$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,526 income − $1,826 expenses = $700 cash flow

Income$2,526Mortgage P&I$65226%Property Taxes$27311%Insurance$422%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$700

Investment Breakdown

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Purchase Price

$121k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,305

Downpayment

20%

$24,100

Closing costs

1%

$1,205

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,526

Total Expenses

$1,826

Mortgage P&I

26%

$652

Property Taxes

11%

$273

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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