REI Lense

REI Lense

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$1,151 (target)

249 N 23rd St, Arkadelphia, AR 71923

3 beds • 2 baths • 1200 sqft

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This property might be a fair Long-Term investment with a projected 5.36% first-year return on $25,956 initial cash invested.

5.36%

Cash On Cash

7.85%

Cap Rate

1.27

DSCR

$1,151

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,151 income − $1,035 expenses = $116 cash flow

Income$1,151Mortgage P&I$63555%Property Taxes$585%Insurance$424%Management$11510%CapEx$585%Vacancy$696%Maintenance$585%Cash Flow$116

Investment Breakdown

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Purchase Price

$124k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,956

Downpayment

20%

$24,720

Closing costs

1%

$1,236

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,151

Total Expenses

$1,035

Mortgage P&I

55%

$635

Property Taxes

5%

$58

Home Insurance

4%

$42

HOA

0%

$0

Property Management

10%

$115

CapEx

5%

$58

Vacancy

6%

$69

Maintenance

5%

$58

Other

0%

$0

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