fix and hold opportunity in Quad Cities

[Mark Shaffar]

1553 41st St, Rock Island, IL

Sales Price: $68,500  (investor's all in- includes a full rehab)
Rent: $850
Vacancy Factor: $42.50
Taxes: $156.37
Insurance: $56.17
Maintenance: $42.50
Management: $68 

We have found excellent financing availability in the Quad Cities  
Mortgage: $54,800 @ 5% for 20yrs
Mortgage payment: $361.66
Cashflow: $122.80
COCR: 10.76%

ARV $76,879
Subject House:
1553 41st St RI
2/1 980sqft
1.5 story frame built 1918 

1 car garage 

http://postlets.com/s/1553-41st-st-rock-island-il-61201/13943377