REI Lense

REI Lense

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$1,389 (target)

239 Morphew Rd, Hot Springs, AR 71913

3 beds • 2 baths • 1350 sqft

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This property looks like a bad Long-Term investment with a projected -10.64% first-year return on $54,600 initial cash invested.

-10.64%

Cash On Cash

4.44%

Cap Rate

0.7

DSCR

$1,389

Rent

-$484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,389 income − $1,873 expenses = $484 out of pocket

Income$1,389Out of Pocket$484Mortgage P&I$1,37899%Property Taxes$836%Insurance$524%Management$13910%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,389

Total Expenses

$1,873

Mortgage P&I

99%

$1,378

Property Taxes

6%

$83

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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