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$1,833 (target)

304 Kingsway Dr, West Memphis, AR 72301

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Long-Term investment with a projected -3.31% first-year return on $54,705 initial cash invested.

-3.31%

Cash On Cash

5.87%

Cap Rate

0.96

DSCR

$1,833

Rent

-$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,833 income − $1,984 expenses = $151 out of pocket

Income$1,833Out of Pocket$151Mortgage P&I$1,33473%Property Taxes$804%Insurance$935%Management$18310%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,705

Downpayment

20%

$52,100

Closing costs

1%

$2,605

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,833

Total Expenses

$1,984

Mortgage P&I

73%

$1,334

Property Taxes

4%

$80

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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