REI Lense

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$2,786 (target)

1443 Austin Ln, Booneville, AR 72927

3 beds • 2 baths • 2491 sqft

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This property might be a fair Mid-Term investment with a projected 4.36% first-year return on $74,637 initial cash invested.

4.36%

Cash On Cash

7.96%

Cap Rate

1.27

DSCR

$2,786

Rent

$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,786 income − $2,515 expenses = $271 cash flow

Income$2,786Mortgage P&I$1,40851%Property Taxes$652%Insurance$963%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30611%Cash Flow$271

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,637

Downpayment

20%

$53,940

Closing costs

1%

$2,697

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,786

Total Expenses

$2,515

Mortgage P&I

51%

$1,408

Property Taxes

2%

$65

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$306

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