REI Lense

REI Lense

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$1,548 (target)

124 Ridge Run Ln, Carencro, LA 70520

3 beds • 2 baths • 1285 sqft

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This property looks like a bad Long-Term investment with a projected -6.72% first-year return on $45,864 initial cash invested.

-6.72%

Cash On Cash

5.64%

Cap Rate

0.85

DSCR

$1,548

Rent

-$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,548 income − $1,805 expenses = $257 out of pocket

Income$1,548Out of Pocket$257Mortgage P&I$1,20778%Property Taxes$1198%Insurance$775%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,864

Downpayment

20%

$43,680

Closing costs

1%

$2,184

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,548

Total Expenses

$1,805

Mortgage P&I

78%

$1,207

Property Taxes

8%

$119

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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