REI Lense

REI Lense

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$1,510 (target)

2343 46th Street Ct, Rock Island, IL 61201

3 beds • 2 baths • 1036 sqft

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This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $37,170 initial cash invested.

-9.17%

Cash On Cash

5.02%

Cap Rate

0.78

DSCR

$1,510

Rent

-$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,510 income − $1,794 expenses = $284 out of pocket

Income$1,510Out of Pocket$284Mortgage P&I$94963%Property Taxes$38826%Insurance$634%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,170

Downpayment

20%

$35,400

Closing costs

1%

$1,770

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,510

Total Expenses

$1,794

Mortgage P&I

63%

$949

Property Taxes

26%

$388

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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