REI Lense

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$1,802 (target)

123 Washington St, Minden, LA 71055

3 beds • 2 baths • 1725 sqft

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This property could be a profitable Long-Term investment with a projected 25.84% first-year return on $27,636 initial cash invested.

25.84%

Cash On Cash

12.34%

Cap Rate

2.03

DSCR

$1,802

Rent

$595

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,802 income − $1,207 expenses = $595 cash flow

Income$1,802Mortgage P&I$66837%Property Taxes$171%Insurance$543%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$595

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,636

Downpayment

20%

$26,320

Closing costs

1%

$1,316

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,802

Total Expenses

$1,207

Mortgage P&I

37%

$668

Property Taxes

1%

$17

Home Insurance

3%

$54

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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