REI Lense

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$2,433 (target)

2317 44th St, Rock Island, IL 61201

3 beds • 3 baths • 1910 sqft

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This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $55,989 initial cash invested.

3.47%

Cash On Cash

8.29%

Cap Rate

1.26

DSCR

$2,433

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,433 income − $2,271 expenses = $162 cash flow

Income$2,433Mortgage P&I$99041%Property Taxes$38916%Insurance$653%Management$29212%CapEx$974%Vacancy$733%Maintenance$974%Other$26811%Cash Flow$162

Investment Breakdown

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Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,989

Downpayment

20%

$36,180

Closing costs

1%

$1,809

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,433

Total Expenses

$2,271

Mortgage P&I

41%

$990

Property Taxes

16%

$389

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$292

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$268

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