REI Lense

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$2,955 (target)

107 Mount Carmel Ct, Belle Chasse, LA 70435

3 beds • 2 baths • 1710 sqft

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This property might be a fair Mid-Term investment with a projected 3.72% first-year return on $77,052 initial cash invested.

3.72%

Cash On Cash

7.44%

Cap Rate

1.26

DSCR

$2,955

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,955 income − $2,716 expenses = $239 cash flow

Income$2,955Mortgage P&I$1,38647%Property Taxes$1234%Insurance$1023%HOA$1003%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%Cash Flow$239

Investment Breakdown

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Purchase Price

$281k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,052

Downpayment

20%

$56,240

Closing costs

1%

$2,812

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,955

Total Expenses

$2,716

Mortgage P&I

47%

$1,386

Property Taxes

4%

$123

Home Insurance

3%

$102

HOA

3%

$100

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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