REI Lense

REI Lense

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$1,604 (target)

106 Dean St, Lafayette, LA 70506

3 beds • 3 baths • 1517 sqft

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This property looks like a bad Long-Term investment with a projected -4.1% first-year return on $45,066 initial cash invested.

-4.1%

Cash On Cash

5.71%

Cap Rate

0.93

DSCR

$1,604

Rent

-$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,066

Downpayment

20%

$42,920

Closing costs

1%

$2,146

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,604

Total Expenses

$1,758

Mortgage P&I

68%

$1,096

Property Taxes

10%

$158

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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