REI Lense

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$2,637 (target)

7016 Northlake Dr, Jacksonville, AR 72076

3 beds • 3 baths • 1804 sqft

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This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $67,560 initial cash invested.

3.69%

Cash On Cash

8.04%

Cap Rate

1.25

DSCR

$2,637

Rent

$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,637 income − $2,429 expenses = $208 cash flow

Income$2,637Mortgage P&I$1,26848%Property Taxes$1827%Insurance$843%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%Cash Flow$208

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,560

Downpayment

20%

$47,200

Closing costs

1%

$2,360

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,637

Total Expenses

$2,429

Mortgage P&I

48%

$1,268

Property Taxes

7%

$182

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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