REI Lense

REI Lense

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Target property

108 Cornerstone Ct, Carencro, LA 70520

3 beds • 2 baths • 1742 sqft

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This property looks like a bad Airbnb investment with a projected -25.92% first-year return on $87,951 initial cash invested.

-25.92%

Cash On Cash

-0.98%

Cap Rate

-0.17

DSCR

$0

Rent

-$1,900

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $1,900 expenses = $1,900 out of pocket

Income$0Out of Pocket$1,900Mortgage P&I$1,627Property Taxes$154Insurance$119

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,951

Downpayment

20%

$66,620

Closing costs

1%

$3,331

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,900

Mortgage P&I

16270000%

$1,627

Property Taxes

1540000%

$154

Home Insurance

1190000%

$119

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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