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