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16 Turtle Creek Dr, Texarkana, AR 71854

3 beds • 2 baths • 1794 sqft

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This property might be a fair Long-Term investment with a projected 9.63% first-year return on $33,894 initial cash invested.

9.63%

Cash On Cash

8.74%

Cap Rate

1.43

DSCR

$1,606

Rent

$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$161k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,894

Downpayment

20%

$32,280

Closing costs

1%

$1,614

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,606

Total Expenses

$1,334

Mortgage P&I

51%

$823

Property Taxes

1%

$12

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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