REI Lense

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$1,768 (target)

1826 33rd St, Rock Island, IL 61201

3 beds • 2 baths • 1051 sqft

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This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $44,313 initial cash invested.

5.23%

Cash On Cash

8.9%

Cap Rate

1.4

DSCR

$1,768

Rent

$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,768 income − $1,575 expenses = $193 cash flow

Income$1,768Mortgage P&I$66538%Property Taxes$26415%Insurance$453%Management$21212%CapEx$714%Vacancy$533%Maintenance$714%Other$19411%Cash Flow$193

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,313

Downpayment

20%

$25,060

Closing costs

1%

$1,253

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,768

Total Expenses

$1,575

Mortgage P&I

38%

$665

Property Taxes

15%

$264

Home Insurance

3%

$45

HOA

0%

$0

Property Management

12%

$212

CapEx

4%

$71

Vacancy

3%

$53

Maintenance

4%

$71

Other

11%

$194

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