REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,496 (target)

4622 Richardson Dr, Jonesboro, AR 72404

3 beds • 2 baths • 1616 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.56% first-year return on $64,179 initial cash invested.

6.56%

Cash On Cash

8.97%

Cap Rate

1.38

DSCR

$2,496

Rent

$351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,496 income − $2,145 expenses = $351 cash flow

Income$2,496Mortgage P&I$1,19348%Property Taxes$251%Insurance$773%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$351

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,496

Total Expenses

$2,145

Mortgage P&I

48%

$1,193

Property Taxes

1%

$25

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis