REI Lense

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$1,932 (target)

115 Shirleen Dr, Ponchatoula, LA 70454

3 beds • 2 baths • 2337 sqft

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This property might be a fair Long-Term investment with a projected 3.55% first-year return on $49,308 initial cash invested.

3.55%

Cash On Cash

7.13%

Cap Rate

1.21

DSCR

$1,932

Rent

$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,932 income − $1,786 expenses = $146 cash flow

Income$1,932Mortgage P&I$1,15360%Property Taxes$362%Insurance$945%Management$19310%CapEx$975%Vacancy$1166%Maintenance$975%Cash Flow$146

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,308

Downpayment

20%

$46,960

Closing costs

1%

$2,348

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,932

Total Expenses

$1,786

Mortgage P&I

60%

$1,153

Property Taxes

2%

$36

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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