REI Lense

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$2,394 (target)

6304 Parkfront Dr, Fort Smith, AR 72916

3 beds • 2 baths • 1472 sqft

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This property might be a fair Mid-Term investment with a projected 3.64% first-year return on $66,216 initial cash invested.

3.64%

Cash On Cash

8.1%

Cap Rate

1.24

DSCR

$2,394

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $2,193 expenses = $201 cash flow

Income$2,394Mortgage P&I$1,25352%Property Taxes$442%Insurance$823%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$201

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,216

Downpayment

20%

$45,920

Closing costs

1%

$2,296

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,394

Total Expenses

$2,193

Mortgage P&I

52%

$1,253

Property Taxes

2%

$44

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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