REI Lense

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$2,115 (target)

7300 Jenny Lind Rd, Fort Smith, AR 72908

3 beds • 2 baths • 1661 sqft

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This property might be a fair Mid-Term investment with a projected 8.84% first-year return on $52,650 initial cash invested.

8.84%

Cash On Cash

9.99%

Cap Rate

1.53

DSCR

$2,115

Rent

$388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,115 income − $1,727 expenses = $388 cash flow

Income$2,115Mortgage P&I$90043%Property Taxes$492%Insurance$583%Management$25412%CapEx$854%Vacancy$633%Maintenance$854%Other$23311%Cash Flow$388

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,115

Total Expenses

$1,727

Mortgage P&I

43%

$900

Property Taxes

2%

$49

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$63

Maintenance

4%

$85

Other

11%

$233

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