REI Lense

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$1,881 (target)

6414 Crimson Ave, Fort Smith, AR 72903

3 beds • 2 baths • 1275 sqft

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This property looks like a bad Mid-Term investment with a projected -2.32% first-year return on $64,032 initial cash invested.

-2.32%

Cash On Cash

6.28%

Cap Rate

0.96

DSCR

$1,881

Rent

-$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,881 income − $2,005 expenses = $124 out of pocket

Income$1,881Out of Pocket$124Mortgage P&I$1,19664%Property Taxes$915%Insurance$794%Management$22612%CapEx$754%Vacancy$563%Maintenance$754%Other$20711%

Investment Breakdown

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Purchase Price

$219k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,032

Downpayment

20%

$43,840

Closing costs

1%

$2,192

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,881

Total Expenses

$2,005

Mortgage P&I

64%

$1,196

Property Taxes

5%

$91

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$226

CapEx

4%

$75

Vacancy

3%

$56

Maintenance

4%

$75

Other

11%

$207

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