REI Lense

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$2,166 (target)

220 30th Ave, East Moline, IL 61244

3 beds • 2 baths • 1180 sqft

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This property might be a fair Mid-Term investment with a projected 7.08% first-year return on $47,127 initial cash invested.

7.08%

Cash On Cash

9.71%

Cap Rate

1.48

DSCR

$2,166

Rent

$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,166 income − $1,888 expenses = $278 cash flow

Income$2,166Mortgage P&I$75735%Property Taxes$34516%Insurance$492%Management$26012%CapEx$874%Vacancy$653%Maintenance$874%Other$23811%Cash Flow$278

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,127

Downpayment

20%

$27,740

Closing costs

1%

$1,387

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,166

Total Expenses

$1,888

Mortgage P&I

35%

$757

Property Taxes

16%

$345

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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