REI Lense

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$2,112 (target)

1403 McNutt Dr, Alexandria, LA 71301

3 beds • 2 baths • 1986 sqft

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This property might be a fair Mid-Term investment with a projected 4.31% first-year return on $58,236 initial cash invested.

4.31%

Cash On Cash

7.98%

Cap Rate

1.3

DSCR

$2,112

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,112 income − $1,903 expenses = $209 cash flow

Income$2,112Mortgage P&I$98146%Property Taxes$1376%Insurance$693%Management$25312%CapEx$844%Vacancy$633%Maintenance$844%Other$23211%Cash Flow$209

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,236

Downpayment

20%

$38,320

Closing costs

1%

$1,916

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,112

Total Expenses

$1,903

Mortgage P&I

46%

$981

Property Taxes

6%

$137

Home Insurance

3%

$69

HOA

0%

$0

Property Management

12%

$253

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$232

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