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$2,138 (target)

1411 Forrest Dr, Searcy, AR 72143

3 beds • 2 baths • 1637 sqft

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This property might be a fair Mid-Term investment with a projected 2.07% first-year return on $62,520 initial cash invested.

2.07%

Cash On Cash

7.65%

Cap Rate

1.17

DSCR

$2,138

Rent

$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,138 income − $2,030 expenses = $108 cash flow

Income$2,138Mortgage P&I$1,15754%Property Taxes$713%Insurance$743%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23511%Cash Flow$108

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,520

Downpayment

20%

$42,400

Closing costs

1%

$2,120

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,138

Total Expenses

$2,030

Mortgage P&I

54%

$1,157

Property Taxes

3%

$71

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$235

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