REI Lense

REI Lense

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$1,410 (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 Long-Term investment with a projected 1.28% first-year return on $34,650 initial cash invested.

1.28%

Cash On Cash

7.32%

Cap Rate

1.12

DSCR

$1,410

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,410 income − $1,373 expenses = $37 cash flow

Income$1,410Mortgage P&I$90064%Property Taxes$493%Insurance$584%Management$14110%CapEx$705%Vacancy$856%Maintenance$705%Cash Flow$37

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,410

Total Expenses

$1,373

Mortgage P&I

64%

$900

Property Taxes

3%

$49

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$70

Vacancy

6%

$85

Maintenance

5%

$70

Other

0%

$0

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