REI Lense

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$2,152 (target)

111 Raven Cliff Ln, Broussard, LA 70518

3 beds • 2 baths • 1642 sqft

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This property might be a fair Long-Term investment with a projected 0.7% first-year return on $53,193 initial cash invested.

0.7%

Cash On Cash

6.7%

Cap Rate

1.11

DSCR

$2,152

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,152 income − $2,121 expenses = $31 cash flow

Income$2,152Mortgage P&I$1,27559%Property Taxes$1648%Insurance$894%HOA$332%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%Cash Flow$31

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,193

Downpayment

20%

$50,660

Closing costs

1%

$2,533

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,152

Total Expenses

$2,121

Mortgage P&I

59%

$1,275

Property Taxes

8%

$164

Home Insurance

4%

$89

HOA

2%

$33

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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