REI Lense

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$2,488 (target)

5310 12th Ave, Moline, IL 61265

3 beds • 2 baths • 1176 sqft

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This property might be a fair Mid-Term investment with a projected 4.02% first-year return on $55,548 initial cash invested.

4.02%

Cash On Cash

8.5%

Cap Rate

1.29

DSCR

$2,488

Rent

$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,488 income − $2,302 expenses = $186 cash flow

Income$2,488Mortgage P&I$98039%Property Taxes$41517%Insurance$592%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$186

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,548

Downpayment

20%

$35,760

Closing costs

1%

$1,788

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,488

Total Expenses

$2,302

Mortgage P&I

39%

$980

Property Taxes

17%

$415

Home Insurance

2%

$59

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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