REI Lense

REI Lense

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$978 (target)

117 Saint Mary Ave, Opelousas, LA 70570

3 beds • 3 baths • 2943 sqft

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This property looks like a bad Long-Term investment with a projected -19.58% first-year return on $72,450 initial cash invested.

-19.58%

Cash On Cash

1.94%

Cap Rate

0.33

DSCR

$978

Rent

-$1,182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$978

Total Expenses

$2,160

Mortgage P&I

173%

$1,690

Property Taxes

10%

$94

Home Insurance

12%

$121

HOA

0%

$0

Property Management

10%

$98

CapEx

5%

$49

Vacancy

6%

$59

Maintenance

5%

$49

Other

0%

$0

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