REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,070 (target)

112 Colonial Dr, Lafayette, LA 70506

3 beds • 2 baths • 2039 sqft

Email

This property might be a fair Long-Term investment with a projected 2.3% first-year return on $50,190 initial cash invested.

2.3%

Cash On Cash

7.1%

Cap Rate

1.16

DSCR

$2,070

Rent

$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,070 income − $1,974 expenses = $96 cash flow

Income$2,070Mortgage P&I$1,21459%Property Taxes$1377%Insurance$844%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%Cash Flow$96

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,070

Total Expenses

$1,974

Mortgage P&I

59%

$1,214

Property Taxes

7%

$137

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis