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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 Long-Term investment with a projected -17.29% first-year return on $37,338 initial cash invested.

-17.29%

Cash On Cash

3.03%

Cap Rate

0.48

DSCR

$1,053

Rent

-$538

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

$37,338

Downpayment

20%

$35,560

Closing costs

1%

$1,778

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,053

Total Expenses

$1,591

Mortgage P&I

89%

$934

Property Taxes

30%

$320

Home Insurance

6%

$63

HOA

0%

$0

Property Management

10%

$105

CapEx

5%

$53

Vacancy

6%

$63

Maintenance

5%

$53

Other

0%

$0

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