Pine Bluff, AR


$ 19,000 - Buy & Hold

2.0 bd | 1.0 ba | 976 sqft | 1949 | $ 750 Rent

IRR
108.51 %
Yield-on-Cost
23.36 %
Cash on Cash
71.80 %
Net Monthly Cashflow
$424

Description

Great investment property with some newer windows and a newer kitchen.


Buy & Hold Analysis

  • IRR: 108.51 %
  • Net Cashflow: $ 5,431
  • Rehab Est: $ 0
  • Cap Rate: 32.58 %
  • Monthly Rent: $ 750
  • ARV: $ 37,000
  • Cash on Cash: 106.87 %
  • Taxes: $ 170

Financial Analysis

  • Loan Amnt: $ 19,875
  • All-in Cost: $ 26,964
  • Debt Coverage Ratio: 32.58 %
  • Total Out of Pocket: $ 7,089
  • Monthly Mortgage: $ 101

Expense Assumptions

  • Prop Insurance: $ 152,000
  • Vacancy: $ 450
  • Prop Mgmt Fee: $ 900
  • Maintenance: $ 450
  • Capex: $ 0

Financing Assumptions

  • Cash Purchase: No
  • Loan Term: 360 months
  • Down Payment: 25.00 %
  • Points: 1.00
  • Interest Rate: 4.50 %
  • Interest only loan: No

Other Assumptions

  • Closing Cost: $ 190
  • Rental Holding Period: 4


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