REI Lense

REI Lense

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$1,366 (target)

540 16th Ave, East Moline, IL 61244

3 beds • 2 baths • 1134 sqft

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This property could be a profitable Long-Term investment with a projected 15.64% first-year return on $18,879 initial cash invested.

15.64%

Cash On Cash

10.2%

Cap Rate

1.7

DSCR

$1,366

Rent

$246

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

$18,879

Downpayment

20%

$17,980

Closing costs

1%

$899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,366

Total Expenses

$1,120

Mortgage P&I

33%

$450

Property Taxes

21%

$283

Home Insurance

2%

$32

HOA

0%

$0

Property Management

10%

$137

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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