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$2,523 (target)

6037 Prairie Meadow Dr, Jonesboro, AR 72404

3 beds • 2 baths • 1653 sqft

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This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $69,219 initial cash invested.

2.57%

Cash On Cash

7.76%

Cap Rate

1.19

DSCR

$2,523

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,523 income − $2,375 expenses = $148 cash flow

Income$2,523Mortgage P&I$1,32853%Property Taxes$1004%Insurance$883%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$148

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,219

Downpayment

20%

$48,780

Closing costs

1%

$2,439

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,523

Total Expenses

$2,375

Mortgage P&I

53%

$1,328

Property Taxes

4%

$100

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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