REI Lense

REI Lense

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$3,132 (target)

116 Fairway Dr, Fairfield Bay, AR 72088

3 beds • 2 baths • 2094 sqft

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This property looks like a bad Mid-Term investment with a projected -7.47% first-year return on $101k initial cash invested.

-7.47%

Cash On Cash

4.61%

Cap Rate

0.75

DSCR

$3,132

Rent

-$632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,132 income − $3,764 expenses = $632 out of pocket

Income$3,132Out of Pocket$632Mortgage P&I$2,03665%Property Taxes$30010%Insurance$1445%HOA$2197%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,520

Closing costs

1%

$3,976

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,132

Total Expenses

$3,764

Mortgage P&I

65%

$2,036

Property Taxes

10%

$300

Home Insurance

5%

$144

HOA

7%

$219

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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