REI Lense

REI Lense

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$1,313 (target)

121 S 7th St, De Queen, AR 71832

3 beds • 2 baths • 1556 sqft

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This property might be a fair Long-Term investment with a projected 0.37% first-year return on $32,550 initial cash invested.

0.37%

Cash On Cash

7.14%

Cap Rate

1.09

DSCR

$1,313

Rent

$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,313 income − $1,303 expenses = $10 cash flow

Income$1,313Mortgage P&I$84664%Property Taxes$615%Insurance$544%Management$13110%CapEx$665%Vacancy$796%Maintenance$665%Cash Flow$10

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,550

Downpayment

20%

$31,000

Closing costs

1%

$1,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,313

Total Expenses

$1,303

Mortgage P&I

64%

$846

Property Taxes

5%

$61

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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