Moline, IL


$ 57,900 - Buy & Hold

3.0 bd | 1.0 ba | 1,400 sqft | 1920 yr | $ 850 Rent

IRR
42.14 %
Yield-on-Cost
10.43 %
Cash on Cash
22.63 %
Net Monthly Cashflow
$292

Description

Come check out all that this three bedroom Moline Home has to offer. This property was recently refreshed on the interior, and features a modern paint scheme, and new flooring throughout. Get this one before it's gone. Buyer and Buyers Agent to Verify all Aspects of the Home.


Buy & Hold Analysis

  • ARV: $169,504
  • Yield-on-Cost: 10.43 %
  • Net Monthly Cashflow: $292
  • Monthly Rent: $850

Financial Analysis

  • Loan Amnt: $ 43,425.00
  • All-in Cost: $ 58,913.25
  • Debt Coverage Ratio: 2.33 %
  • Total Out of Pocket: $ 15,488.25
  • Monthly Mortgage: $ 220.03

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $969
  • Vacancy: $510
  • Capex: $0

Financing Assumptions

  • Down Payment: $14,475
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $434

Other Assumptions

  • Closing Cost: $ 579
  • Rental Holding Period: 4.00


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