REI Lense

REI Lense

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$1,405 (target)

1905 Jefferson Ave, Texarkana, AR 71854

3 beds • 2 baths • 1616 sqft

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This property might be a fair Long-Term investment with a projected 1.16% first-year return on $33,033 initial cash invested.

1.16%

Cash On Cash

7.32%

Cap Rate

1.12

DSCR

$1,405

Rent

$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,405 income − $1,373 expenses = $32 cash flow

Income$1,405Mortgage P&I$85861%Property Taxes$906%Insurance$614%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$32

Investment Breakdown

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Purchase Price

$157k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,033

Downpayment

20%

$31,460

Closing costs

1%

$1,573

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,405

Total Expenses

$1,373

Mortgage P&I

61%

$858

Property Taxes

6%

$90

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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