REI Lense

REI Lense

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$1,324 (target)

76 Mohawk Dr, Searcy, AR 72143

3 beds • 2 baths • 1382 sqft

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This property looks like a bad Long-Term investment with a projected -4.56% first-year return on $35,301 initial cash invested.

-4.56%

Cash On Cash

5.88%

Cap Rate

0.92

DSCR

$1,324

Rent

-$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,324 income − $1,458 expenses = $134 out of pocket

Income$1,324Out of Pocket$134Mortgage P&I$89167%Property Taxes$16412%Insurance$605%Management$13210%CapEx$665%Vacancy$796%Maintenance$665%

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,301

Downpayment

20%

$33,620

Closing costs

1%

$1,681

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,324

Total Expenses

$1,458

Mortgage P&I

67%

$891

Property Taxes

12%

$164

Home Insurance

5%

$60

HOA

0%

$0

Property Management

10%

$132

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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