REI Lense

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$1,762 (target)

103 Sunset Dr, Rayne, LA 70578

3 beds • 2 baths • 1475 sqft

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This property might be a fair Mid-Term investment with a projected 3.21% first-year return on $54,918 initial cash invested.

3.21%

Cash On Cash

7.77%

Cap Rate

1.24

DSCR

$1,762

Rent

$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,762 income − $1,615 expenses = $147 cash flow

Income$1,762Mortgage P&I$92252%Property Taxes$362%Insurance$593%Management$21112%CapEx$704%Vacancy$533%Maintenance$704%Other$19411%Cash Flow$147

Investment Breakdown

|

Purchase Price

$176k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,918

Downpayment

20%

$35,160

Closing costs

1%

$1,758

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,762

Total Expenses

$1,615

Mortgage P&I

52%

$922

Property Taxes

2%

$36

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$211

CapEx

4%

$70

Vacancy

3%

$53

Maintenance

4%

$70

Other

11%

$194

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