REI Lense

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$1,885 (target)

121 Lockridge Dr, Broussard, LA 70518

3 beds • 2 baths • 1550 sqft

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This property looks like a bad Long-Term investment with a projected -2.16% first-year return on $53,214 initial cash invested.

-2.16%

Cash On Cash

6%

Cap Rate

1

DSCR

$1,885

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,885 income − $1,981 expenses = $96 out of pocket

Income$1,885Out of Pocket$96Mortgage P&I$1,27067%Property Taxes$1327%Insurance$905%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,214

Downpayment

20%

$50,680

Closing costs

1%

$2,534

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,885

Total Expenses

$1,981

Mortgage P&I

67%

$1,270

Property Taxes

7%

$132

Home Insurance

5%

$90

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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