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$2,238 (target)

2906 Newcastle Dr, Paragould, AR 72450

3 beds • 2 baths • 1573 sqft

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This property looks like a bad Mid-Term investment with a projected -1.76% first-year return on $69,639 initial cash invested.

-1.76%

Cash On Cash

6.49%

Cap Rate

0.99

DSCR

$2,238

Rent

-$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,238 income − $2,340 expenses = $102 out of pocket

Income$2,238Out of Pocket$102Mortgage P&I$1,34260%Property Taxes$1507%Insurance$864%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24611%

Investment Breakdown

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Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,639

Downpayment

20%

$49,180

Closing costs

1%

$2,459

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,238

Total Expenses

$2,340

Mortgage P&I

60%

$1,342

Property Taxes

7%

$150

Home Insurance

4%

$86

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

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