REI Lense

REI Lense

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$2,016 (target)

11583 Regal St, Denham Springs, LA 70726

3 beds • 2 baths • 1629 sqft

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This property looks like a bad Long-Term investment with a projected -0.83% first-year return on $52,353 initial cash invested.

-0.83%

Cash On Cash

6.33%

Cap Rate

1.05

DSCR

$2,016

Rent

-$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,016 income − $2,052 expenses = $36 out of pocket

Income$2,016Out of Pocket$36Mortgage P&I$1,25062%Property Taxes$1437%Insurance$894%HOA$452%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,353

Downpayment

20%

$49,860

Closing costs

1%

$2,493

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,016

Total Expenses

$2,052

Mortgage P&I

62%

$1,250

Property Taxes

7%

$143

Home Insurance

4%

$89

HOA

2%

$45

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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