REI Lense

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$2,910 (target)

137 Templeton Dr, Lafayette, LA 70508

3 beds • 2 baths • 1693 sqft

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This property looks like a bad Mid-Term investment with a projected -0.76% first-year return on $89,568 initial cash invested.

-0.76%

Cash On Cash

6.16%

Cap Rate

1.03

DSCR

$2,910

Rent

-$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,910 income − $2,967 expenses = $57 out of pocket

Income$2,910Out of Pocket$57Mortgage P&I$1,69058%Property Taxes$1656%Insurance$1244%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,568

Downpayment

20%

$68,160

Closing costs

1%

$3,408

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,910

Total Expenses

$2,967

Mortgage P&I

58%

$1,690

Property Taxes

6%

$165

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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