REI Lense

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$1,796 (target)

610 E 33rd Ave, Pine Bluff, AR 71601

3 beds • 2 baths • 1262 sqft

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This property might be a fair Mid-Term investment with a projected 8.1% first-year return on $48,009 initial cash invested.

8.1%

Cash On Cash

9.88%

Cap Rate

1.51

DSCR

$1,796

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,796 income − $1,472 expenses = $324 cash flow

Income$1,796Mortgage P&I$78043%Property Taxes$282%Insurance$523%Management$21612%CapEx$724%Vacancy$543%Maintenance$724%Other$19811%Cash Flow$324

Investment Breakdown

|

Purchase Price

$143k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,009

Downpayment

20%

$28,580

Closing costs

1%

$1,429

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,796

Total Expenses

$1,472

Mortgage P&I

43%

$780

Property Taxes

2%

$28

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$216

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$198

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