REI Lense

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$2,468 (target)

1880 Arden Ln, Conway, AR 72034

3 beds • 2 baths • 1234 sqft

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This property might be a fair Mid-Term investment with a projected 5.16% first-year return on $62,772 initial cash invested.

5.16%

Cash On Cash

8.54%

Cap Rate

1.32

DSCR

$2,468

Rent

$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,468 income − $2,198 expenses = $270 cash flow

Income$2,468Mortgage P&I$1,14947%Property Taxes$1355%Insurance$753%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%Cash Flow$270

Investment Breakdown

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Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,772

Downpayment

20%

$42,640

Closing costs

1%

$2,132

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,468

Total Expenses

$2,198

Mortgage P&I

47%

$1,149

Property Taxes

5%

$135

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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