REI Lense

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$2,568 (target)

150 Shore Acres Dr, Hot Springs, AR 71913

3 beds • 2 baths • 1472 sqft

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This property looks like a bad Mid-Term investment with a projected -6.3% first-year return on $98,535 initial cash invested.

-6.3%

Cash On Cash

4.85%

Cap Rate

0.79

DSCR

$2,568

Rent

-$517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,568 income − $3,085 expenses = $517 out of pocket

Income$2,568Out of Pocket$517Mortgage P&I$1,96476%Property Taxes$1124%Insurance$1365%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,535

Downpayment

20%

$76,700

Closing costs

1%

$3,835

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,568

Total Expenses

$3,085

Mortgage P&I

76%

$1,964

Property Taxes

4%

$112

Home Insurance

5%

$136

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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