REI Lense

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$2,790 (target)

120 Barbara Dr, Deridder, LA 70634

3 beds • 2 baths • 1756 sqft

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This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $73,146 initial cash invested.

3.04%

Cash On Cash

7.44%

Cap Rate

1.22

DSCR

$2,790

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,790 income − $2,605 expenses = $185 cash flow

Income$2,790Mortgage P&I$1,33248%Property Taxes$2308%Insurance$933%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$185

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,146

Downpayment

20%

$52,520

Closing costs

1%

$2,626

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,790

Total Expenses

$2,605

Mortgage P&I

48%

$1,332

Property Taxes

8%

$230

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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