REI Lense

REI Lense

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$1,647 (target)

3201 S 41st St, Fort Smith, AR 72903

3 beds • 2 baths • 2106 sqft

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This property looks like a bad Long-Term investment with a projected -2.24% first-year return on $47,229 initial cash invested.

-2.24%

Cash On Cash

6.38%

Cap Rate

1

DSCR

$1,647

Rent

-$88

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,647 income − $1,735 expenses = $88 out of pocket

Income$1,647Out of Pocket$88Mortgage P&I$1,20173%Property Taxes$272%Insurance$795%Management$16510%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,647

Total Expenses

$1,735

Mortgage P&I

73%

$1,201

Property Taxes

2%

$27

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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