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$2,318 (target)

1416 17th Ave, Moline, IL 61265

3 beds • 2 baths • 1372 sqft

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This property could be a profitable Mid-Term investment with a projected 19.3% first-year return on $41,541 initial cash invested.

19.3%

Cash On Cash

14.24%

Cap Rate

2.34

DSCR

$2,318

Rent

$668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,318 income − $1,650 expenses = $668 cash flow

Income$2,318Mortgage P&I$56925%Property Taxes$25511%Insurance$372%Management$27812%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$668

Investment Breakdown

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Purchase Price

$112k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,541

Downpayment

20%

$22,420

Closing costs

1%

$1,121

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,318

Total Expenses

$1,650

Mortgage P&I

25%

$569

Property Taxes

11%

$255

Home Insurance

2%

$37

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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