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2684 1st St, East Moline, IL 61244

3 beds • 2 baths • 2688 sqft

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This property looks like a bad Airbnb investment with a projected -11.59% first-year return on $54,981 initial cash invested.

-11.59%

Cash On Cash

3.5%

Cap Rate

0.53

DSCR

$1,734

Rent

-$531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,734 income − $2,265 expenses = $531 out of pocket

Income$1,734Out of Pocket$531Mortgage P&I$97556%Property Taxes$39523%Insurance$634%Management$26015%CapEx$694%Maintenance$694%Other$43425%

Investment Breakdown

|

Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,981

Downpayment

20%

$35,220

Closing costs

1%

$1,761

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,734

Total Expenses

$2,265

Mortgage P&I

56%

$975

Property Taxes

23%

$395

Home Insurance

4%

$63

HOA

0%

$0

Property Management

15%

$260

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$434

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