REI Lense

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$2,337 (target)

1306 17th St, East Moline, IL 61244

3 beds • 2 baths • 1477 sqft

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This property could be a profitable Mid-Term investment with a projected 31.87% first-year return on $35,661 initial cash invested.

31.87%

Cash On Cash

20.93%

Cap Rate

3.44

DSCR

$2,337

Rent

$947

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,337 income − $1,390 expenses = $947 cash flow

Income$2,337Mortgage P&I$42718%Property Taxes$1607%Insurance$10Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$947

Investment Breakdown

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Purchase Price

$84,100

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,661

Downpayment

20%

$16,820

Closing costs

1%

$841

Rehab

0%

$0

Furnishing

21%

$18,000

Cashflow

Total Income

$2,337

Total Expenses

$1,390

Mortgage P&I

18%

$427

Property Taxes

7%

$160

Home Insurance

0%

$10

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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