REI Lense

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$1,829 (target)

108 Castle Arms Pl, Fairfield Bay, AR 72088

3 beds • 2 baths • 1884 sqft

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This property looks like a bad Long-Term investment with a projected -13.45% first-year return on $69,846 initial cash invested.

-13.45%

Cash On Cash

3.62%

Cap Rate

0.59

DSCR

$1,829

Rent

-$783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,829 income − $2,612 expenses = $783 out of pocket

Income$1,829Out of Pocket$783Mortgage P&I$1,69593%Property Taxes$1016%Insurance$1227%HOA$21912%Management$18310%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,846

Downpayment

20%

$66,520

Closing costs

1%

$3,326

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,829

Total Expenses

$2,612

Mortgage P&I

93%

$1,695

Property Taxes

6%

$101

Home Insurance

7%

$122

HOA

12%

$219

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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