REI Lense

REI Lense

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$1,810 (target)

119 Rustic Manor Cv, Pineville, LA 71360

3 beds • 2 baths • 2206 sqft

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This property looks like a bad Long-Term investment with a projected -5.7% first-year return on $52,227 initial cash invested.

-5.7%

Cash On Cash

5.32%

Cap Rate

0.87

DSCR

$1,810

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,810 income − $2,058 expenses = $248 out of pocket

Income$1,810Out of Pocket$248Mortgage P&I$1,26170%Property Taxes$23813%Insurance$895%Management$18110%CapEx$905%Vacancy$1096%Maintenance$905%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,227

Downpayment

20%

$49,740

Closing costs

1%

$2,487

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,810

Total Expenses

$2,058

Mortgage P&I

70%

$1,261

Property Taxes

13%

$238

Home Insurance

5%

$89

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$109

Maintenance

5%

$90

Other

0%

$0

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