REI Lense

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$1,762 (target)

5711 Grand Ave, Fort Smith, AR 72904

3 beds • 2 baths • 2099 sqft

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This property might be a fair Mid-Term investment with a projected 4.28% first-year return on $52,650 initial cash invested.

4.28%

Cash On Cash

8.28%

Cap Rate

1.29

DSCR

$1,762

Rent

$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,762 income − $1,574 expenses = $188 cash flow

Income$1,762Mortgage P&I$88050%Property Taxes$382%Insurance$583%Management$21112%CapEx$704%Vacancy$533%Maintenance$704%Other$19411%Cash Flow$188

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,762

Total Expenses

$1,574

Mortgage P&I

50%

$880

Property Taxes

2%

$38

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$211

CapEx

4%

$70

Vacancy

3%

$53

Maintenance

4%

$70

Other

11%

$194

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