REI Lense

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$1,613 (target)

2607 13th Ave, Moline, IL 61265

3 beds • 2 baths • 1190 sqft

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This property might be a fair Long-Term investment with a projected 7.86% first-year return on $28,539 initial cash invested.

7.86%

Cash On Cash

8.72%

Cap Rate

1.37

DSCR

$1,613

Rent

$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,613 income − $1,426 expenses = $187 cash flow

Income$1,613Mortgage P&I$71945%Property Taxes$24115%Insurance$463%Management$16110%CapEx$815%Vacancy$976%Maintenance$815%Cash Flow$187

Investment Breakdown

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Purchase Price

$136k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,539

Downpayment

20%

$27,180

Closing costs

1%

$1,359

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,613

Total Expenses

$1,426

Mortgage P&I

45%

$719

Property Taxes

15%

$241

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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