REI Lense

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$2,817 (target)

2684 1st St, East Moline, IL 61244

3 beds • 2 baths • 2688 sqft

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This property might be a fair Mid-Term investment with a projected 9.28% first-year return on $54,981 initial cash invested.

9.28%

Cash On Cash

10.31%

Cap Rate

1.55

DSCR

$2,817

Rent

$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,817 income − $2,392 expenses = $425 cash flow

Income$2,817Mortgage P&I$97535%Property Taxes$39514%Insurance$632%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%Cash Flow$425

Investment Breakdown

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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

$2,817

Total Expenses

$2,392

Mortgage P&I

35%

$975

Property Taxes

14%

$395

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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