REI Lense

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$2,025 (target)

108 Elsinore Cir, Lafayette, LA 70508

3 beds • 2 baths • 1247 sqft

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This property could be a profitable Long-Term investment with a projected 13.21% first-year return on $37,233 initial cash invested.

13.21%

Cash On Cash

9.6%

Cap Rate

1.56

DSCR

$2,025

Rent

$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,025 income − $1,615 expenses = $410 cash flow

Income$2,025Mortgage P&I$90845%Property Taxes$1186%Insurance$633%Management$20210%CapEx$1015%Vacancy$1226%Maintenance$1015%Cash Flow$410

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,233

Downpayment

20%

$35,460

Closing costs

1%

$1,773

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,025

Total Expenses

$1,615

Mortgage P&I

45%

$908

Property Taxes

6%

$118

Home Insurance

3%

$63

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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