REI Lense

REI Lense

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$1,892 (target)

1233 Curtis St, Harvey, LA 70058

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -2.08% first-year return on $52,500 initial cash invested.

-2.08%

Cash On Cash

6.11%

Cap Rate

1

DSCR

$1,892

Rent

-$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,892 income − $1,983 expenses = $91 out of pocket

Income$1,892Out of Pocket$91Mortgage P&I$1,26967%Property Taxes$1337%Insurance$885%Management$18910%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,892

Total Expenses

$1,983

Mortgage P&I

67%

$1,269

Property Taxes

7%

$133

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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