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391 33rd Avenue Ct, East Moline, IL 61244

3 beds • 2 baths • 1932 sqft

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This property looks like a bad Airbnb investment with a projected -2.8% first-year return on $59,979 initial cash invested.

-2.8%

Cash On Cash

6.21%

Cap Rate

0.96

DSCR

$2,305

Rent

-$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,305 income − $2,445 expenses = $140 out of pocket

Income$2,305Out of Pocket$140Mortgage P&I$1,08247%Property Taxes$1878%Insurance$703%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,305

Total Expenses

$2,445

Mortgage P&I

47%

$1,082

Property Taxes

8%

$187

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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