REI Lense

REI Lense

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$2,470 (target)

623 Beverly, Benton, AR 72019

3 beds • 3 baths • 2603 sqft

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This property might be a fair Long-Term investment with a projected 7.12% first-year return on $55,125 initial cash invested.

7.12%

Cash On Cash

8.17%

Cap Rate

1.34

DSCR

$2,470

Rent

$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,470 income − $2,143 expenses = $327 cash flow

Income$2,470Mortgage P&I$1,33654%Property Taxes$723%Insurance$924%Management$24710%CapEx$1245%Vacancy$1486%Maintenance$1245%Cash Flow$327

Investment Breakdown

|

Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,125

Downpayment

20%

$52,500

Closing costs

1%

$2,625

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,470

Total Expenses

$2,143

Mortgage P&I

54%

$1,336

Property Taxes

3%

$72

Home Insurance

4%

$92

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

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