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$2,222 (target)

1518 E 48th St, Texarkana, AR 71854

3 beds • 2 baths • 1352 sqft

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This property might be a fair Mid-Term investment with a projected 8.13% first-year return on $54,498 initial cash invested.

8.13%

Cash On Cash

9.57%

Cap Rate

1.49

DSCR

$2,222

Rent

$369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,222 income − $1,853 expenses = $369 cash flow

Income$2,222Mortgage P&I$92842%Property Taxes$1015%Insurance$683%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$369

Investment Breakdown

|

Purchase Price

$174k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,498

Downpayment

20%

$34,760

Closing costs

1%

$1,738

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,222

Total Expenses

$1,853

Mortgage P&I

42%

$928

Property Taxes

5%

$101

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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