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2400 Houston St, Fort Smith, AR 72901

4 beds • 3 baths • 2430 sqft

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This property looks like a bad Long-Term investment with a projected -11.31% first-year return on $62,790 initial cash invested.

-11.31%

Cash On Cash

3.92%

Cap Rate

0.66

DSCR

$1,590

Rent

-$592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,590

Total Expenses

$2,182

Mortgage P&I

94%

$1,488

Property Taxes

11%

$175

Home Insurance

7%

$105

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$95

Maintenance

5%

$80

Other

0%

$0

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Comparable Property

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$2,850

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