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$2,511 (target)

3221 Miracle Heights Cv, Sherwood, AR 72120

3 beds • 2 baths • 1260 sqft

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This property might be a fair Mid-Term investment with a projected 8.39% first-year return on $58,782 initial cash invested.

8.39%

Cash On Cash

9.63%

Cap Rate

1.49

DSCR

$2,511

Rent

$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $2,100 expenses = $411 cash flow

Income$2,511Mortgage P&I$1,04842%Property Taxes$1325%Insurance$683%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$411

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,782

Downpayment

20%

$38,840

Closing costs

1%

$1,942

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,511

Total Expenses

$2,100

Mortgage P&I

42%

$1,048

Property Taxes

5%

$132

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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