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$1,970 (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 Mid-Term investment with a projected 8.05% first-year return on $50,550 initial cash invested.

8.05%

Cash On Cash

9.79%

Cap Rate

1.49

DSCR

$1,970

Rent

$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,970 income − $1,631 expenses = $339 cash flow

Income$1,970Mortgage P&I$84643%Property Taxes$613%Insurance$543%Management$23612%CapEx$794%Vacancy$593%Maintenance$794%Other$21711%Cash Flow$339

Investment Breakdown

|

Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,550

Downpayment

20%

$31,000

Closing costs

1%

$1,550

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,970

Total Expenses

$1,631

Mortgage P&I

43%

$846

Property Taxes

3%

$61

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$236

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$217

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