REI Lense

REI Lense

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$1,716 (target)

2234 Oakwood Ct, East Moline, IL 61244

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Long-Term investment with a projected -10.71% first-year return on $45,486 initial cash invested.

-10.71%

Cash On Cash

4.63%

Cap Rate

0.72

DSCR

$1,716

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,486

Downpayment

20%

$43,320

Closing costs

1%

$2,166

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,716

Total Expenses

$2,122

Mortgage P&I

67%

$1,156

Property Taxes

26%

$442

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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