REI Lense

REI Lense

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$1,215 (target)

33 Reno Dr, Cabot, AR 72023

3 beds • 2 baths • 1365 sqft

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This property looks like a bad Long-Term investment with a projected -10.6% first-year return on $43,029 initial cash invested.

-10.6%

Cash On Cash

4.6%

Cap Rate

0.71

DSCR

$1,215

Rent

-$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,215 income − $1,595 expenses = $380 out of pocket

Income$1,215Out of Pocket$380Mortgage P&I$1,10491%Property Taxes$1028%Insurance$726%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,029

Downpayment

20%

$40,980

Closing costs

1%

$2,049

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,215

Total Expenses

$1,595

Mortgage P&I

91%

$1,104

Property Taxes

8%

$102

Home Insurance

6%

$72

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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