REI Lense

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$1,834 (target)

415 Meadowridge Cir, Texarkana, AR 71854

3 beds • 2 baths • 1904 sqft

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This property looks like a bad Long-Term investment with a projected -9.74% first-year return on $68,250 initial cash invested.

-9.74%

Cash On Cash

4.41%

Cap Rate

0.72

DSCR

$1,834

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,834 income − $2,388 expenses = $554 out of pocket

Income$1,834Out of Pocket$554Mortgage P&I$1,65690%Property Taxes$1418%Insurance$1146%Management$18310%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,834

Total Expenses

$2,388

Mortgage P&I

90%

$1,656

Property Taxes

8%

$141

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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