REI Lense

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$1,486 (target)

128 Martin Rd, Church Point, LA 70525

3 beds • 2 baths • 1070 sqft

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This property looks like a bad Mid-Term investment with a projected -1.29% first-year return on $54,876 initial cash invested.

-1.29%

Cash On Cash

6.13%

Cap Rate

1

DSCR

$1,486

Rent

-$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,486 income − $1,545 expenses = $59 out of pocket

Income$1,486Out of Pocket$59Mortgage P&I$89760%Property Taxes$815%Insurance$634%Management$17812%CapEx$594%Vacancy$453%Maintenance$594%Other$16311%

Investment Breakdown

|

Purchase Price

$176k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,876

Downpayment

20%

$35,120

Closing costs

1%

$1,756

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,486

Total Expenses

$1,545

Mortgage P&I

60%

$897

Property Taxes

5%

$81

Home Insurance

4%

$63

HOA

0%

$0

Property Management

12%

$178

CapEx

4%

$59

Vacancy

3%

$45

Maintenance

4%

$59

Other

11%

$163

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