REI Lense

REI Lense

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$1,659 (target)

516 21st Ave, Moline, IL 61265

3 beds • 3 baths • 1335 sqft

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This property looks like a bad Long-Term investment with a projected -4.15% first-year return on $34,986 initial cash invested.

-4.15%

Cash On Cash

6.3%

Cap Rate

0.96

DSCR

$1,659

Rent

-$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,659 income − $1,780 expenses = $121 out of pocket

Income$1,659Out of Pocket$121Mortgage P&I$91355%Property Taxes$37523%Insurance$604%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$167k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,986

Downpayment

20%

$33,320

Closing costs

1%

$1,666

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,659

Total Expenses

$1,780

Mortgage P&I

55%

$913

Property Taxes

23%

$375

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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