Pine Bluff, AR


$ 85,000 - Buy & Hold

3.0 bd | 1.5 ba | 1,117 sqft | 1971 yr | $ 850 Rent

IRR
22.38 %
Yield-on-Cost
11.35 %
Cash on Cash
16.51 %
Net Monthly Cashflow
$422

Description

Perfect investment property. This beautiful 3 bed 1.5 is an amazing property. Just need a little love and touch ups. Perfect for a future rental property or something you want to make your own. Natural Gas Hookups, HVAC, Plumbing and Electric are both on property Brand new metal roof added 2022


Buy & Hold Analysis

  • ARV: $0
  • Yield-on-Cost: 11.35 %
  • Net Monthly Cashflow: $422
  • Monthly Rent: $850

Financial Analysis

  • Loan Amnt: $ 30,000.00
  • All-in Cost: $ 60,700.00
  • Debt Coverage Ratio: 3.78 %
  • Total Out of Pocket: $ 30,700.00
  • Monthly Mortgage: $ 152.01

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $969
  • Vacancy: $510
  • Capex: $0

Financing Assumptions

  • Down Payment: $10,000
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $300

Other Assumptions

  • Closing Cost: $ 400
  • Rental Holding Period: 4.00


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