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$2,979 (target)

3310 Archer Dr, East Moline, IL 61244

3 beds • 2 baths • 1608 sqft

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This property looks like a bad Mid-Term investment with a projected -3.53% first-year return on $90,870 initial cash invested.

-3.53%

Cash On Cash

5.85%

Cap Rate

0.92

DSCR

$2,979

Rent

-$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $3,246 expenses = $267 out of pocket

Income$2,979Out of Pocket$267Mortgage P&I$1,83962%Property Taxes$2749%Insurance$1214%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$3,246

Mortgage P&I

62%

$1,839

Property Taxes

9%

$274

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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