REI Lense

REI Lense

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$2,215 (target)

1502 Millcreek Dr, Arkadelphia, AR 71923

3 beds • 3 baths • 2505 sqft

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This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $75,726 initial cash invested.

-7.21%

Cash On Cash

4.64%

Cap Rate

0.8

DSCR

$2,215

Rent

-$455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,215 income − $2,670 expenses = $455 out of pocket

Income$2,215Out of Pocket$455Mortgage P&I$1,73979%Property Taxes$22310%Insurance$1316%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,726

Downpayment

20%

$72,120

Closing costs

1%

$3,606

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,215

Total Expenses

$2,670

Mortgage P&I

79%

$1,739

Property Taxes

10%

$223

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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