REI Lense

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$1,545 (target)

1416 17th Ave, Moline, IL 61265

3 beds • 2 baths • 1372 sqft

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This property could be a profitable Long-Term investment with a projected 14.43% first-year return on $23,541 initial cash invested.

14.43%

Cash On Cash

9.94%

Cap Rate

1.63

DSCR

$1,545

Rent

$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,545 income − $1,262 expenses = $283 cash flow

Income$1,545Mortgage P&I$56937%Property Taxes$25517%Insurance$372%Management$15410%CapEx$775%Vacancy$936%Maintenance$775%Cash Flow$283

Investment Breakdown

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Purchase Price

$112k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,541

Downpayment

20%

$22,420

Closing costs

1%

$1,121

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,545

Total Expenses

$1,262

Mortgage P&I

37%

$569

Property Taxes

17%

$255

Home Insurance

2%

$37

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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