REI Lense

REI Lense

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$2,023 (target)

11240 Winrock Dr, New Orleans, LA 70128

3 beds • 2 baths • 2510 sqft

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This property might be a fair Long-Term investment with a projected 3.82% first-year return on $43,680 initial cash invested.

3.82%

Cash On Cash

7.66%

Cap Rate

1.22

DSCR

$2,023

Rent

$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,023 income − $1,884 expenses = $139 cash flow

Income$2,023Mortgage P&I$1,08854%Property Taxes$1688%Insurance$754%HOA$281%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%Cash Flow$139

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,680

Downpayment

20%

$41,600

Closing costs

1%

$2,080

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,023

Total Expenses

$1,884

Mortgage P&I

54%

$1,088

Property Taxes

8%

$168

Home Insurance

4%

$75

HOA

1%

$28

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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