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3237 College Ave, Conway, AR 72034

4 beds • 2 baths • 2580 sqft

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This property looks like a bad Airbnb investment with a projected -4.05% first-year return on $91,200 initial cash invested.

-4.05%

Cash On Cash

5.25%

Cap Rate

0.89

DSCR

$3,158

Rent

-$308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$3,158

Total Expenses

$3,466

Mortgage P&I

50%

$1,583

Property Taxes

8%

$251

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$474

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$790

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

0.62 mi

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2

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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