REI Lense

REI Lense

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$1,444 (target)

220 30th Ave, East Moline, IL 61244

3 beds • 2 baths • 1180 sqft

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This property looks like a bad Long-Term investment with a projected -3.38% first-year return on $29,127 initial cash invested.

-3.38%

Cash On Cash

6.46%

Cap Rate

0.99

DSCR

$1,444

Rent

-$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,444 income − $1,526 expenses = $82 out of pocket

Income$1,444Out of Pocket$82Mortgage P&I$75752%Property Taxes$34524%Insurance$493%Management$14410%CapEx$725%Vacancy$876%Maintenance$725%

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,127

Downpayment

20%

$27,740

Closing costs

1%

$1,387

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,444

Total Expenses

$1,526

Mortgage P&I

52%

$757

Property Taxes

24%

$345

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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