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$2,874 (target)

6908 Millennium Dr, Fort Smith, AR 72916

3 beds • 2 baths • 2086 sqft

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This property might be a fair Mid-Term investment with a projected 3.96% first-year return on $73,860 initial cash invested.

3.96%

Cash On Cash

8.3%

Cap Rate

1.24

DSCR

$2,874

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,874 income − $2,630 expenses = $244 cash flow

Income$2,874Mortgage P&I$1,48051%Property Taxes$803%Insurance$933%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%Cash Flow$244

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,860

Downpayment

20%

$53,200

Closing costs

1%

$2,660

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,874

Total Expenses

$2,630

Mortgage P&I

52%

$1,480

Property Taxes

3%

$80

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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