REI Lense

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$2,019 (target)

542 21st Ave, Moline, IL 61265

3 beds • 2 baths • 1548 sqft

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This property looks like a bad Mid-Term investment with a projected -1.71% first-year return on $57,690 initial cash invested.

-1.71%

Cash On Cash

6.41%

Cap Rate

1

DSCR

$2,019

Rent

-$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,019 income − $2,101 expenses = $82 out of pocket

Income$2,019Out of Pocket$82Mortgage P&I$1,01150%Property Taxes$33717%Insurance$663%Management$24212%CapEx$814%Vacancy$613%Maintenance$814%Other$22211%

Investment Breakdown

|

Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,019

Total Expenses

$2,101

Mortgage P&I

50%

$1,011

Property Taxes

17%

$337

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

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