REI Lense

REI Lense

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$1,264 (target)

26 Colby Dr, Little Rock, AR 72206

3 beds • 2 baths • 1417 sqft

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This property looks like a bad Long-Term investment with a projected -7.18% first-year return on $41,286 initial cash invested.

-7.18%

Cash On Cash

5.16%

Cap Rate

0.82

DSCR

$1,264

Rent

-$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,264 income − $1,511 expenses = $247 out of pocket

Income$1,264Out of Pocket$247Mortgage P&I$1,02981%Property Taxes$847%Insurance$706%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

|

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,286

Downpayment

20%

$39,320

Closing costs

1%

$1,966

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,264

Total Expenses

$1,511

Mortgage P&I

81%

$1,029

Property Taxes

7%

$84

Home Insurance

6%

$70

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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