REI Lense

REI Lense

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$1,033 (target)

1605 44th St, Rock Island, IL 61201

3 beds • 2 baths • 663 sqft

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This property might be a fair Long-Term investment with a projected 0.3% first-year return on $19,803 initial cash invested.

0.3%

Cash On Cash

7.06%

Cap Rate

1.11

DSCR

$1,033

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,033 income − $1,028 expenses = $5 cash flow

Income$1,033Mortgage P&I$49848%Property Taxes$25224%Insurance$91%Management$10310%CapEx$525%Vacancy$626%Maintenance$525%Cash Flow$5

Investment Breakdown

|

Purchase Price

$94,300

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,803

Downpayment

20%

$18,860

Closing costs

1%

$943

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,033

Total Expenses

$1,028

Mortgage P&I

48%

$498

Property Taxes

24%

$252

Home Insurance

1%

$9

HOA

0%

$0

Property Management

10%

$103

CapEx

5%

$52

Vacancy

6%

$62

Maintenance

5%

$52

Other

0%

$0

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