REI Lense

REI Lense

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$2,049 (target)

540 16th Ave, East Moline, IL 61244

3 beds • 2 baths • 1134 sqft

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This property could be a profitable Mid-Term investment with a projected 19.13% first-year return on $36,879 initial cash invested.

19.13%

Cash On Cash

14.95%

Cap Rate

2.49

DSCR

$2,049

Rent

$588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$89,900

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,879

Downpayment

20%

$17,980

Closing costs

1%

$899

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$2,049

Total Expenses

$1,461

Mortgage P&I

22%

$450

Property Taxes

14%

$283

Home Insurance

2%

$32

HOA

0%

$0

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$225

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