REI Lense

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$3,357 (target)

107 Washington St, Pineville, LA 71360

3 beds • 3 baths • 2750 sqft

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This property looks like a bad Mid-Term investment with a projected -0.7% first-year return on $95,490 initial cash invested.

-0.7%

Cash On Cash

6.45%

Cap Rate

1.04

DSCR

$3,357

Rent

-$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,357 income − $3,413 expenses = $56 out of pocket

Income$3,357Out of Pocket$56Mortgage P&I$1,90557%Property Taxes$2387%Insurance$1294%Management$40312%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,357

Total Expenses

$3,413

Mortgage P&I

57%

$1,905

Property Taxes

7%

$238

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$403

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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