REI Lense

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$2,278 (target)

4800 Park Ave, Fort Smith, AR 72903

3 beds • 2 baths • 1697 sqft

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This property might be a fair Mid-Term investment with a projected 5.03% first-year return on $61,113 initial cash invested.

5.03%

Cash On Cash

8.39%

Cap Rate

1.32

DSCR

$2,278

Rent

$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,278 income − $2,022 expenses = $256 cash flow

Income$2,278Mortgage P&I$1,08848%Property Taxes$944%Insurance$663%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$256

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,113

Downpayment

20%

$41,060

Closing costs

1%

$2,053

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,278

Total Expenses

$2,022

Mortgage P&I

48%

$1,088

Property Taxes

4%

$94

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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