REI Lense

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$2,319 (target)

14 Shoemaker Cir, Conway, AR 72032

3 beds • 2 baths • 1752 sqft

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This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $69,051 initial cash invested.

1.06%

Cash On Cash

7.31%

Cap Rate

1.12

DSCR

$2,319

Rent

$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,319 income − $2,258 expenses = $61 cash flow

Income$2,319Mortgage P&I$1,32757%Property Taxes$552%Insurance$874%Management$27812%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$61

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,051

Downpayment

20%

$48,620

Closing costs

1%

$2,431

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,319

Total Expenses

$2,258

Mortgage P&I

57%

$1,327

Property Taxes

2%

$55

Home Insurance

4%

$87

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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