PINE BLUFF, AR


$ 70,000 - Buy & Hold

3.0 bd | 2.0 ba | 1,503 sqft | 1953 yr | $ 850 Rent

IRR
33.17 %
Yield-on-Cost
10.44 %
Cash on Cash
22.67 %
Net Monthly Cashflow
$354

Description

Nice home with lots of potential, great for first time homebuyers and investors. Additional lot is being sold with the property.


Buy & Hold Analysis

  • ARV: $95,040
  • Yield-on-Cost: 10.44 %
  • Net Monthly Cashflow: $354
  • Monthly Rent: $850

Financial Analysis

  • Loan Amnt: $ 52,500.00
  • All-in Cost: $ 71,225.00
  • Debt Coverage Ratio: 2.33 %
  • Total Out of Pocket: $ 18,725.00
  • Monthly Mortgage: $ 266.01

Expense Assumptions

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

Financing Assumptions

  • Down Payment: $17,500
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $525

Other Assumptions

  • Closing Cost: $ 700
  • Rental Holding Period: 4.00


Contact An Agent About This Property