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$3,399 (target)

6013 Summerwood Ln, Texarkana, AR 71854

3 beds • 2 baths • 1844 sqft

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This property might be a fair Mid-Term investment with a projected 8.32% first-year return on $76,989 initial cash invested.

8.32%

Cash On Cash

9.11%

Cap Rate

1.46

DSCR

$3,399

Rent

$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,399 income − $2,865 expenses = $534 cash flow

Income$3,399Mortgage P&I$1,46243%Property Taxes$1474%Insurance$1003%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$534

Investment Breakdown

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Purchase Price

$281k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,989

Downpayment

20%

$56,180

Closing costs

1%

$2,809

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,399

Total Expenses

$2,865

Mortgage P&I

43%

$1,462

Property Taxes

4%

$147

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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