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806 22nd Ave, East Moline, IL 61244

3 beds • 2 baths • 1188 sqft

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This property looks like a bad Airbnb investment with a projected -5.58% first-year return on $52,251 initial cash invested.

-5.58%

Cash On Cash

5.61%

Cap Rate

0.83

DSCR

$2,116

Rent

-$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,116 income − $2,359 expenses = $243 out of pocket

Income$2,116Out of Pocket$243Mortgage P&I$92043%Property Taxes$36517%Insurance$583%Management$31715%CapEx$854%Maintenance$854%Other$52925%

Investment Breakdown

|

Purchase Price

$163k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,251

Downpayment

20%

$32,620

Closing costs

1%

$1,631

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,116

Total Expenses

$2,359

Mortgage P&I

43%

$920

Property Taxes

17%

$365

Home Insurance

3%

$58

HOA

0%

$0

Property Management

15%

$317

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$529

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