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$2,420 (target)

2607 13th Ave, Moline, IL 61265

3 beds • 2 baths • 1190 sqft

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This property could be a profitable Mid-Term investment with a projected 15.24% first-year return on $46,539 initial cash invested.

15.24%

Cash On Cash

12.42%

Cap Rate

1.96

DSCR

$2,420

Rent

$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,420 income − $1,829 expenses = $591 cash flow

Income$2,420Mortgage P&I$71930%Property Taxes$24110%Insurance$462%Management$29012%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$591

Investment Breakdown

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Purchase Price

$136k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,539

Downpayment

20%

$27,180

Closing costs

1%

$1,359

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,420

Total Expenses

$1,829

Mortgage P&I

30%

$719

Property Taxes

10%

$241

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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