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$1,898 (target)

3124 Grand Ave, Texarkana, AR 71854

3 beds • 2 baths • 1255 sqft

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This property might be a fair Mid-Term investment with a projected 2.45% first-year return on $55,800 initial cash invested.

2.45%

Cash On Cash

7.81%

Cap Rate

1.19

DSCR

$1,898

Rent

$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,898 income − $1,784 expenses = $114 cash flow

Income$1,898Mortgage P&I$98252%Property Taxes$935%Insurance$633%Management$22812%CapEx$764%Vacancy$573%Maintenance$764%Other$20911%Cash Flow$114

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,898

Total Expenses

$1,784

Mortgage P&I

52%

$982

Property Taxes

5%

$93

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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