Company Description
This property is an occupied Single Family Home located in Rock Island, Illinois in the Quad Cities.
The tenant is on a 1 year lease from 8/1/2022 - 7/31/2023 and is paying $950/month.
The AC, Furnace, and Hot Water Tank are all older but still in working condition. The Maintenance Reserve will be increased by $3,000 and the seller is providing a $2,500 credit to replace these systems in the future. The estimated cost of replacement is $5,250 total.
Refer to the 'Documents' tab above to view the following information plus more:
Purchase Agreement
HouseCanary Agile Evaluation
Inspection report
Inspection report repairs
Rent roll
Lease Agreement
Sales price history
Our A.I. does not have enough data for this property to make an accurate forecast of the future appreciation. Because of this, we are not projecting that this property will rapidly appreciate. The projected appreciation of 6.66% is determined by taking the average of HouseCanary's 3 year appreciation projection for the zip code.
