REI Lense

REI Lense

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$1,541 (target)

1519 11th Ave, Moline, IL 61265

3 beds • 2 baths • 1967 sqft

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This property might be a fair Long-Term investment with a projected 4.93% first-year return on $28,245 initial cash invested.

4.93%

Cash On Cash

8.07%

Cap Rate

1.27

DSCR

$1,541

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,541 income − $1,425 expenses = $116 cash flow

Income$1,541Mortgage P&I$71146%Property Taxes$26217%Insurance$523%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%Cash Flow$116

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,245

Downpayment

20%

$26,900

Closing costs

1%

$1,345

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,541

Total Expenses

$1,425

Mortgage P&I

46%

$711

Property Taxes

17%

$262

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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