REI Lense

REI Lense

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$2,008 (target)

409 Academy Dr, Paragould, AR 72450

3 beds • 2 baths • 1752 sqft

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This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $61,890 initial cash invested.

0.39%

Cash On Cash

7.13%

Cap Rate

1.09

DSCR

$2,008

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,008 income − $1,988 expenses = $20 cash flow

Income$2,008Mortgage P&I$1,14157%Property Taxes$925%Insurance$734%Management$24112%CapEx$804%Vacancy$603%Maintenance$804%Other$22111%Cash Flow$20

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,008

Total Expenses

$1,988

Mortgage P&I

57%

$1,141

Property Taxes

5%

$92

Home Insurance

4%

$73

HOA

0%

$0

Property Management

12%

$241

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$221

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