REI Lense

REI Lense

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$1,398 (target)

2349 30th St, Moline, IL 61265

3 beds • 2 baths • 2055 sqft

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This property looks like a bad Long-Term investment with a projected -13.78% first-year return on $43,890 initial cash invested.

-13.78%

Cash On Cash

4.1%

Cap Rate

0.62

DSCR

$1,398

Rent

-$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,398 income − $1,902 expenses = $504 out of pocket

Income$1,398Out of Pocket$504Mortgage P&I$1,14882%Property Taxes$31723%Insurance$735%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,398

Total Expenses

$1,902

Mortgage P&I

82%

$1,148

Property Taxes

23%

$317

Home Insurance

5%

$73

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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