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


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