Pine Bluff, AR
$ 19,000 - Buy & Hold
2.0 bd | 1.0 ba | 976 sqft | 1949 yr | $ 750 Rent
IRR
188.09 %
Yield-on-Cost
32.58 %
Cash on Cash
106.87 %
Net Monthly Cashflow
$453
Description
Great investment property with some newer windows and a newer kitchen.
Buy & Hold Analysis
- ARV: $37,000
- Yield-on-Cost: 32.58 %
- Net Monthly Cashflow: $453
- Monthly Rent: $750
Financial Analysis
- Loan Amnt: $ 14,250.00
- All-in Cost: $ 19,332.50
- Debt Coverage Ratio: 7.27 %
- Total Out of Pocket: $ 5,082.50
- Monthly Mortgage: $ 72.20
Expense Assumptions
- Prop Insurance: $800
- Prop Mgmt Fee: $855
- Vacancy: $450
- Capex: $0
Financing Assumptions
- Down Payment: $4,750
- Interest Rate: 4.50 %
- Loan Term Months: 360.00
- Points: $143
Other Assumptions
- Closing Cost: $ 190
- Rental Holding Period: 4.00