REI Lense

REI Lense

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$1,140 (target)

1408 McNutt Dr, Alexandria, LA 71301

3 beds • 2 baths • 1289 sqft

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This property looks like a bad Long-Term investment with a projected -4.22% first-year return on $31,857 initial cash invested.

-4.22%

Cash On Cash

5.71%

Cap Rate

0.93

DSCR

$1,140

Rent

-$112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,140 income − $1,252 expenses = $112 out of pocket

Income$1,140Out of Pocket$112Mortgage P&I$77768%Property Taxes$12511%Insurance$545%Management$11410%CapEx$575%Vacancy$686%Maintenance$575%

Investment Breakdown

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Purchase Price

$152k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,857

Downpayment

20%

$30,340

Closing costs

1%

$1,517

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,140

Total Expenses

$1,252

Mortgage P&I

68%

$777

Property Taxes

11%

$125

Home Insurance

5%

$54

HOA

0%

$0

Property Management

10%

$114

CapEx

5%

$57

Vacancy

6%

$68

Maintenance

5%

$57

Other

0%

$0

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