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$1,677 (target)

719 22nd St, Rock Island, IL 61201

3 beds • 2 baths • 1566 sqft

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This property could be a profitable Mid-Term investment with a projected 15.01% first-year return on $34,779 initial cash invested.

15.01%

Cash On Cash

13.64%

Cap Rate

2.24

DSCR

$1,677

Rent

$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,677 income − $1,242 expenses = $435 cash flow

Income$1,677Mortgage P&I$40624%Property Taxes$23914%Insurance$282%Management$20112%CapEx$674%Vacancy$503%Maintenance$674%Other$18411%Cash Flow$435

Investment Breakdown

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Purchase Price

$79,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,779

Downpayment

20%

$15,980

Closing costs

1%

$799

Rehab

0%

$0

Furnishing

23%

$18,000

Cashflow

Total Income

$1,677

Total Expenses

$1,242

Mortgage P&I

24%

$406

Property Taxes

14%

$239

Home Insurance

2%

$28

HOA

0%

$0

Property Management

12%

$201

CapEx

4%

$67

Vacancy

3%

$50

Maintenance

4%

$67

Other

11%

$184

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