REI Lense

REI Lense

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$2,253 (target)

718 Melton Dr, Jonesboro, AR 72401

3 beds • 3 baths • 2069 sqft

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This property looks like a bad Long-Term investment with a projected -3.24% first-year return on $71,505 initial cash invested.

-3.24%

Cash On Cash

5.81%

Cap Rate

0.95

DSCR

$2,253

Rent

-$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,253 income − $2,446 expenses = $193 out of pocket

Income$2,253Out of Pocket$193Mortgage P&I$1,72877%Property Taxes$382%Insurance$944%Management$22510%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,505

Downpayment

20%

$68,100

Closing costs

1%

$3,405

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,253

Total Expenses

$2,446

Mortgage P&I

77%

$1,728

Property Taxes

2%

$38

Home Insurance

4%

$94

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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