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$2,750 (target)

304 Kingsway Dr, West Memphis, AR 72301

3 beds • 2 baths • 1764 sqft

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This property might be a fair Mid-Term investment with a projected 5.1% first-year return on $72,705 initial cash invested.

5.1%

Cash On Cash

8.08%

Cap Rate

1.31

DSCR

$2,750

Rent

$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,750 income − $2,441 expenses = $309 cash flow

Income$2,750Mortgage P&I$1,33449%Property Taxes$803%Insurance$933%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$309

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,705

Downpayment

20%

$52,100

Closing costs

1%

$2,605

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$2,441

Mortgage P&I

49%

$1,334

Property Taxes

3%

$80

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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