REI Lense

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$1,878 (target)

2684 1st St, East Moline, IL 61244

3 beds • 2 baths • 2688 sqft

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This property looks like a bad Long-Term investment with a projected -1.43% first-year return on $36,981 initial cash invested.

-1.43%

Cash On Cash

6.98%

Cap Rate

1.05

DSCR

$1,878

Rent

-$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,878 income − $1,922 expenses = $44 out of pocket

Income$1,878Out of Pocket$44Mortgage P&I$97552%Property Taxes$39521%Insurance$633%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,981

Downpayment

20%

$35,220

Closing costs

1%

$1,761

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,878

Total Expenses

$1,922

Mortgage P&I

52%

$975

Property Taxes

21%

$395

Home Insurance

3%

$63

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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