REI Lense

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$2,325 (target)

189 Crepe Myrtle Trl, Hot Springs, AR 71909

3 beds • 4 baths • 1796 sqft

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This property looks like a bad Long-Term investment with a projected -1.76% first-year return on $63,357 initial cash invested.

-1.76%

Cash On Cash

6.31%

Cap Rate

1.01

DSCR

$2,325

Rent

-$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,325 income − $2,418 expenses = $93 out of pocket

Income$2,325Out of Pocket$93Mortgage P&I$1,56367%Property Taxes$1436%Insurance$1085%Management$23210%CapEx$1165%Vacancy$1406%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,357

Downpayment

20%

$60,340

Closing costs

1%

$3,017

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,325

Total Expenses

$2,418

Mortgage P&I

67%

$1,563

Property Taxes

6%

$143

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

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