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$2,475 (target)

906 Balfour Rd, West Memphis, AR 72301

3 beds • 2 baths • 1742 sqft

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This property might be a fair Mid-Term investment with a projected 6.53% first-year return on $58,236 initial cash invested.

6.53%

Cash On Cash

9.39%

Cap Rate

1.38

DSCR

$2,475

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,475 income − $2,158 expenses = $317 cash flow

Income$2,475Mortgage P&I$1,08344%Property Taxes$1667%Insurance$683%Management$29712%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%Cash Flow$317

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,236

Downpayment

20%

$38,320

Closing costs

1%

$1,916

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,475

Total Expenses

$2,158

Mortgage P&I

44%

$1,083

Property Taxes

7%

$166

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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