Pine Bluff, AR
$ 65,000 - Buy & Hold
4.0 bd | 1.0 ba | 1,333 sqft | 1959 | $ 800 Rent
IRR
20.56 %
Yield-on-Cost
10.01 %
Cash on Cash
16.56 %
Net Monthly Cashflow
$341
Description
New interior paint and flooring. Four bedrooms and one bath, one car carport.
Buy & Hold Analysis
- IRR: 20.56 %
- Net Cashflow: $ 3,636
- Rehab Est: $ 10,000
- Cap Rate: 9.98 %
- Monthly Rent: $ 800
- ARV: $ 65,000
- Cash on Cash: 20.91 %
- Taxes: $ 352
Financial Analysis
- Loan Amnt: $ 41,250
- All-in Cost: $ 65,963
- Debt Coverage Ratio: 9.98 %
- Total Out of Pocket: $ 24,713
- Monthly Mortgage: $ 209
Expense Assumptions
- Prop Insurance: $ 520,000
- 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: 4.50 %
- Interest only loan: No
Other Assumptions
- Closing Cost: $ 650
- Rental Holding Period: 4