REI Lense

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$2,322 (target)

401 Castle Ridge Hts, Fairfield Bay, AR 72088

3 beds • 2 baths • 2230 sqft

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This property could be a profitable Long-Term investment with a projected 15.02% first-year return on $35,721 initial cash invested.

15.02%

Cash On Cash

10.52%

Cap Rate

1.61

DSCR

$2,322

Rent

$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $1,875 expenses = $447 cash flow

Income$2,322Mortgage P&I$92840%Property Taxes$894%Insurance$522%HOA$2039%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%Cash Flow$447

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,721

Downpayment

20%

$34,020

Closing costs

1%

$1,701

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,322

Total Expenses

$1,875

Mortgage P&I

40%

$928

Property Taxes

4%

$89

Home Insurance

2%

$52

HOA

9%

$203

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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