REI Lense

REI Lense

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$2,045 (target)

1801 Senator St, Texarkana, AR 71854

3 beds • 3 baths • 2185 sqft

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This property might be a fair Long-Term investment with a projected 2.79% first-year return on $47,250 initial cash invested.

2.79%

Cash On Cash

7.58%

Cap Rate

1.18

DSCR

$2,045

Rent

$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,045 income − $1,935 expenses = $110 cash flow

Income$2,045Mortgage P&I$1,20959%Property Taxes$1166%Insurance$794%Management$20410%CapEx$1025%Vacancy$1236%Maintenance$1025%Cash Flow$110

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,045

Total Expenses

$1,935

Mortgage P&I

59%

$1,209

Property Taxes

6%

$116

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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