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1612 31st St #A, Moline, IL 61265

3 beds • 2 baths • 1454 sqft

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This property looks like a bad Airbnb investment with a projected -3.97% first-year return on $55,338 initial cash invested.

-3.97%

Cash On Cash

5.66%

Cap Rate

0.9

DSCR

$2,180

Rent

-$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,338

Downpayment

20%

$35,560

Closing costs

1%

$1,778

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,180

Total Expenses

$2,363

Mortgage P&I

43%

$934

Property Taxes

15%

$320

Home Insurance

3%

$63

HOA

0%

$0

Property Management

15%

$327

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$545

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