REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,490 (target)

1305 Focis St, Metairie, LA 70005

3 beds • 2 baths • 1363 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.58% first-year return on $87,300 initial cash invested.

6.58%

Cash On Cash

8.15%

Cap Rate

1.38

DSCR

$3,490

Rent

$479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,490 income − $3,011 expenses = $479 cash flow

Income$3,490Mortgage P&I$1,62347%Property Taxes$842%Insurance$1163%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%Cash Flow$479

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,490

Total Expenses

$3,011

Mortgage P&I

47%

$1,623

Property Taxes

2%

$84

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis