REI Lense

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$2,349 (target)

110 Cleopatra Ln, Youngsville, LA 70592

3 beds • 2 baths • 1325 sqft

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This property might be a fair Mid-Term investment with a projected 4.89% first-year return on $63,066 initial cash invested.

4.89%

Cash On Cash

8.11%

Cap Rate

1.32

DSCR

$2,349

Rent

$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,349 income − $2,092 expenses = $257 cash flow

Income$2,349Mortgage P&I$1,09947%Property Taxes$1185%Insurance$773%Management$28212%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$257

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,066

Downpayment

20%

$42,920

Closing costs

1%

$2,146

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,349

Total Expenses

$2,092

Mortgage P&I

47%

$1,099

Property Taxes

5%

$118

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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