REI Lense

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$2,207 (target)

110 Jerome St, Hot Springs, AR 71913

3 beds • 2 baths • 2023 sqft

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This property could be a profitable Long-Term investment with a projected 14.27% first-year return on $40,950 initial cash invested.

14.27%

Cash On Cash

10.08%

Cap Rate

1.57

DSCR

$2,207

Rent

$487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,207 income − $1,720 expenses = $487 cash flow

Income$2,207Mortgage P&I$1,04147%Property Taxes$382%Insurance$683%Management$22110%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$487

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,207

Total Expenses

$1,720

Mortgage P&I

47%

$1,041

Property Taxes

2%

$38

Home Insurance

3%

$68

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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