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$2,823 (target)

906 Surrey Rd, Hot Springs, AR 71909

3 beds • 2 baths • 2097 sqft

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This property might be a fair Mid-Term investment with a projected 5.77% first-year return on $74,301 initial cash invested.

5.77%

Cash On Cash

8.13%

Cap Rate

1.35

DSCR

$2,823

Rent

$357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,823 income − $2,466 expenses = $357 cash flow

Income$2,823Mortgage P&I$1,34748%Property Taxes$622%Insurance$963%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%Cash Flow$357

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,301

Downpayment

20%

$53,620

Closing costs

1%

$2,681

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,823

Total Expenses

$2,466

Mortgage P&I

48%

$1,347

Property Taxes

2%

$62

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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