REI Lense

REI Lense

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$1,624 (target)

115 Greer St, Pineville, LA 71360

3 beds • 2 baths • 1585 sqft

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This property could be a profitable Mid-Term investment with a projected 25.82% first-year return on $31,650 initial cash invested.

25.82%

Cash On Cash

19.85%

Cap Rate

3.27

DSCR

$1,624

Rent

$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$65,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,650

Downpayment

20%

$13,000

Closing costs

1%

$650

Rehab

0%

$0

Furnishing

28%

$18,000

Cashflow

Total Income

$1,624

Total Expenses

$943

Mortgage P&I

20%

$329

Property Taxes

2%

$38

Home Insurance

1%

$23

HOA

0%

$0

Property Management

12%

$195

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$179

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