REI Lense

REI Lense

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$1,891 (target)

201 Reine St S, Mena, AR 71953

3 beds • 3 baths • 2404 sqft

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This property might be a fair Long-Term investment with a projected 2.76% first-year return on $44,310 initial cash invested.

2.76%

Cash On Cash

7.67%

Cap Rate

1.17

DSCR

$1,891

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,891 income − $1,789 expenses = $102 cash flow

Income$1,891Mortgage P&I$1,15261%Property Taxes$895%Insurance$563%Management$18910%CapEx$955%Vacancy$1136%Maintenance$955%Cash Flow$102

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,310

Downpayment

20%

$42,200

Closing costs

1%

$2,110

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,891

Total Expenses

$1,789

Mortgage P&I

61%

$1,152

Property Taxes

5%

$89

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$113

Maintenance

5%

$95

Other

0%

$0

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