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$3,382 (target)

3223 53rd St #B, Moline, IL 61265

3 beds • 3 baths • 1571 sqft

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This property could be a profitable Mid-Term investment with a projected 14.38% first-year return on $56,997 initial cash invested.

14.38%

Cash On Cash

11.88%

Cap Rate

1.8

DSCR

$3,382

Rent

$683

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,382 income − $2,699 expenses = $683 cash flow

Income$3,382Mortgage P&I$1,02030%Property Taxes$46414%Insurance$662%Management$40612%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%Cash Flow$683

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,997

Downpayment

20%

$37,140

Closing costs

1%

$1,857

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,382

Total Expenses

$2,699

Mortgage P&I

30%

$1,020

Property Taxes

14%

$464

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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