REI Lense

REI Lense

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$1,516 (target)

3020 W Pratt Rd, Little Rock, AR 72206

3 beds • 2 baths • 1944 sqft

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This property might be a fair Long-Term investment with a projected 4.48% first-year return on $36,456 initial cash invested.

4.48%

Cash On Cash

7.63%

Cap Rate

1.24

DSCR

$1,516

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,516 income − $1,380 expenses = $136 cash flow

Income$1,516Mortgage P&I$89259%Property Taxes$654%Insurance$282%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$136

Investment Breakdown

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Purchase Price

$174k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,456

Downpayment

20%

$34,720

Closing costs

1%

$1,736

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,516

Total Expenses

$1,380

Mortgage P&I

59%

$892

Property Taxes

4%

$65

Home Insurance

2%

$28

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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