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$2,265 (target)

2343 46th Street Ct, Rock Island, IL 61201

3 beds • 2 baths • 1036 sqft

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This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $55,170 initial cash invested.

2.04%

Cash On Cash

7.69%

Cap Rate

1.19

DSCR

$2,265

Rent

$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,265 income − $2,171 expenses = $94 cash flow

Income$2,265Mortgage P&I$94942%Property Taxes$38817%Insurance$633%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%Cash Flow$94

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,170

Downpayment

20%

$35,400

Closing costs

1%

$1,770

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,265

Total Expenses

$2,171

Mortgage P&I

42%

$949

Property Taxes

17%

$388

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

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