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$3,483 (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 Mid-Term investment with a projected 22.96% first-year return on $53,721 initial cash invested.

22.96%

Cash On Cash

14.78%

Cap Rate

2.26

DSCR

$3,483

Rent

$1,028

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,483 income − $2,455 expenses = $1,028 cash flow

Income$3,483Mortgage P&I$92827%Property Taxes$893%Insurance$521%HOA$2036%Management$41812%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38311%Cash Flow$1,028

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,721

Downpayment

20%

$34,020

Closing costs

1%

$1,701

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,483

Total Expenses

$2,455

Mortgage P&I

27%

$928

Property Taxes

3%

$89

Home Insurance

1%

$52

HOA

6%

$203

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

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