REI Lense

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$2,880 (target)

18 Turnberry Dr, Cabot, AR 72023

3 beds • 2 baths • 1990 sqft

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This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $82,323 initial cash invested.

1.14%

Cash On Cash

6.84%

Cap Rate

1.12

DSCR

$2,880

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,880 income − $2,802 expenses = $78 cash flow

Income$2,880Mortgage P&I$1,55454%Property Taxes$1435%Insurance$1084%HOA$181%Management$34612%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31711%Cash Flow$78

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,323

Downpayment

20%

$61,260

Closing costs

1%

$3,063

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,880

Total Expenses

$2,802

Mortgage P&I

54%

$1,554

Property Taxes

5%

$143

Home Insurance

4%

$108

HOA

1%

$18

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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