REI Lense

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$1,668 (target)

1490 Norbert Cir, Conway, AR 72034

3 beds • 2 baths • 1486 sqft

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This property looks like a bad Long-Term investment with a projected -9.9% first-year return on $54,684 initial cash invested.

-9.9%

Cash On Cash

4.84%

Cap Rate

0.74

DSCR

$1,668

Rent

-$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,668 income − $2,119 expenses = $451 out of pocket

Income$1,668Out of Pocket$451Mortgage P&I$1,41985%Property Taxes$17010%Insurance$936%HOA$4Management$16710%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,684

Downpayment

20%

$52,080

Closing costs

1%

$2,604

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,668

Total Expenses

$2,119

Mortgage P&I

85%

$1,419

Property Taxes

10%

$170

Home Insurance

6%

$93

HOA

0%

$4

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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