REI Lense

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$1,710 (target)

1408 McNutt Dr, Alexandria, LA 71301

3 beds • 2 baths • 1289 sqft

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This property might be a fair Mid-Term investment with a projected 4.19% first-year return on $49,857 initial cash invested.

4.19%

Cash On Cash

8.06%

Cap Rate

1.31

DSCR

$1,710

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,710 income − $1,536 expenses = $174 cash flow

Income$1,710Mortgage P&I$77745%Property Taxes$1257%Insurance$543%Management$20512%CapEx$684%Vacancy$513%Maintenance$684%Other$18811%Cash Flow$174

Investment Breakdown

|

Purchase Price

$152k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,857

Downpayment

20%

$30,340

Closing costs

1%

$1,517

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,710

Total Expenses

$1,536

Mortgage P&I

45%

$777

Property Taxes

7%

$125

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$205

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$188

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