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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 Airbnb investment with a projected -2.06% first-year return on $86,790 initial cash invested.

-2.06%

Cash On Cash

5.87%

Cap Rate

0.98

DSCR

$3,112

Rent

-$149

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

$86,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$3,112

Total Expenses

$3,261

Mortgage P&I

48%

$1,488

Property Taxes

6%

$175

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$778

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