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615 20th Avenue Ct, East Moline, IL 61244

3 beds • 2 baths • 2424 sqft

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This property looks like a bad Airbnb investment with a projected -16.09% first-year return on $86,145 initial cash invested.

-16.09%

Cash On Cash

1.9%

Cap Rate

0.32

DSCR

$1,968

Rent

-$1,155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,968 income − $3,123 expenses = $1,155 out of pocket

Income$1,968Out of Pocket$1,155Mortgage P&I$1,58981%Property Taxes$47324%Insurance$1166%Management$29515%CapEx$794%Maintenance$794%Other$49225%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,145

Downpayment

20%

$64,900

Closing costs

1%

$3,245

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,968

Total Expenses

$3,123

Mortgage P&I

81%

$1,589

Property Taxes

24%

$473

Home Insurance

6%

$116

HOA

0%

$0

Property Management

15%

$295

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

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