REI Lense

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$1,792 (target)

1905 4th St #A, East Moline, IL 61244

3 beds • 2 baths • 1475 sqft

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This property looks like a bad Long-Term investment with a projected -3.41% first-year return on $38,052 initial cash invested.

-3.41%

Cash On Cash

6.23%

Cap Rate

0.98

DSCR

$1,792

Rent

-$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,792 income − $1,900 expenses = $108 out of pocket

Income$1,792Out of Pocket$108Mortgage P&I$95853%Property Taxes$41023%Insurance$654%Management$17910%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$181k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,052

Downpayment

20%

$36,240

Closing costs

1%

$1,812

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,792

Total Expenses

$1,900

Mortgage P&I

53%

$958

Property Taxes

23%

$410

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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