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$1,618 (target)

475 32nd Ave, East Moline, IL 61244

3 beds • 2 baths • 1184 sqft

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This property looks like a bad Long-Term investment with a projected -12.32% first-year return on $45,990 initial cash invested.

-12.32%

Cash On Cash

4.33%

Cap Rate

0.67

DSCR

$1,618

Rent

-$472

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,618 income − $2,090 expenses = $472 out of pocket

Income$1,618Out of Pocket$472Mortgage P&I$1,18273%Property Taxes$41025%Insurance$775%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,618

Total Expenses

$2,090

Mortgage P&I

73%

$1,182

Property Taxes

25%

$410

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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