Pine Bluff, AR


$ 75,000 - Buy & Hold

3.0 bd | 1.0 ba | 1,322 sqft | 1962 | $ 800 Rent

IRR
13.90 %
Yield-on-Cost
8.27 %
Cash on Cash
10.19 %
Net Monthly Cashflow
$170

Description


Buy & Hold Analysis

  • IRR: 13.90 %
  • Net Cashflow: $ 2,045
  • Rehab Est: $ 0
  • Cap Rate: 8.27 %
  • Monthly Rent: $ 800
  • ARV: $ 70,000
  • Cash on Cash: 10.19 %
  • Taxes: $ 641

Financial Analysis

  • Loan Amnt: $ 56,250
  • All-in Cost: $ 76,313
  • Debt Coverage Ratio: 8.27 %
  • Total Out of Pocket: $ 20,063
  • Monthly Mortgage: $ 356

Expense Assumptions

  • Prop Insurance: $ 600,000
  • Vacancy: $ 480
  • Prop Mgmt Fee: $ 960
  • Maintenance: $ 480
  • Capex: $ 0

Financing Assumptions

  • Cash Purchase: No
  • Loan Term: 360 months
  • Down Payment: 25.00 %
  • Points: 1.00
  • Interest Rate: 6.50 %
  • Interest only loan: No

Other Assumptions

  • Closing Cost: $ 750
  • Rental Holding Period: 4


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