169 15th Ave

East Moline, IL 61244
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2 bd, 1 ba | 1,040 sqft | Built in 1920

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List Price
$68,900

Initial Investment

$17,713

Purchase Price

$65,000

Down Payment

25%

Rent

$825

Total Return

$19,591

Annualized Return

16.8%

Cap Rate

7.1%

Gross Yield

15.2%

Cash Flow

$491

Appreciation

4.7%
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Features

Occupancy

Unspecified

Lease Start

11/01/2020

Lease End

09/30/2021

Lot Size

3,608

HOA

None

Flood Risk

Not Required

  • Good cap rate
  • 2-car detached garage
  • Fenced backyard with deck

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$2,980

Property Taxes

-$2,400

Loan Payments

-$3,534

Net Cash Flow

$491

See more in Financials

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