REI Lense

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$3,298 (target)

1305 E Todd St, Minden, LA 71055

3 beds • 3 baths • 1846 sqft

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This property could be a profitable Mid-Term investment with a projected 23.9% first-year return on $55,779 initial cash invested.

23.9%

Cash On Cash

14.05%

Cap Rate

2.44

DSCR

$3,298

Rent

$1,111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,298

Total Expenses

$2,187

Mortgage P&I

26%

$863

Property Taxes

4%

$139

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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