REI Lense

REI Lense

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$1,558 (target)

1306 17th St, East Moline, IL 61244

3 beds • 2 baths • 1477 sqft

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This property could be a profitable Long-Term investment with a projected 37.78% first-year return on $17,661 initial cash invested.

37.78%

Cash On Cash

15.14%

Cap Rate

2.48

DSCR

$1,558

Rent

$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,558 income − $1,002 expenses = $556 cash flow

Income$1,558Mortgage P&I$42727%Property Taxes$16010%Insurance$101%Management$15610%CapEx$785%Vacancy$936%Maintenance$785%Cash Flow$556

Investment Breakdown

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Purchase Price

$84,100

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$17,661

Downpayment

20%

$16,820

Closing costs

1%

$841

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,558

Total Expenses

$1,002

Mortgage P&I

27%

$427

Property Taxes

10%

$160

Home Insurance

1%

$10

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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