REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,160 (target)

126 Spencer Ave, New Orleans, LA 70124

3 beds • 2 baths • 1243 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.04% first-year return on $97,128 initial cash invested.

-3.04%

Cash On Cash

5.5%

Cap Rate

0.93

DSCR

$3,160

Rent

-$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,128

Downpayment

20%

$75,360

Closing costs

1%

$3,768

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,160

Total Expenses

$3,406

Mortgage P&I

58%

$1,846

Property Taxes

11%

$350

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$348

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis