REI Lense

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$3,166 (target)

3105 Fairway Dr, Alma, AR 72921

3 beds • 3 baths • 2070 sqft

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This property might be a fair Mid-Term investment with a projected 5.97% first-year return on $76,758 initial cash invested.

5.97%

Cash On Cash

8.07%

Cap Rate

1.37

DSCR

$3,166

Rent

$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,166 income − $2,784 expenses = $382 cash flow

Income$3,166Mortgage P&I$1,37243%Property Taxes$2357%Insurance$1003%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$382

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,758

Downpayment

20%

$55,960

Closing costs

1%

$2,798

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,166

Total Expenses

$2,784

Mortgage P&I

43%

$1,372

Property Taxes

7%

$235

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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