REI Lense

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$1,811 (target)

14259 Highway 22, Ponchatoula, LA 70454

3 beds • 2 baths • 1586 sqft

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This property might be a fair Long-Term investment with a projected 1.12% first-year return on $47,250 initial cash invested.

1.12%

Cash On Cash

6.96%

Cap Rate

1.12

DSCR

$1,811

Rent

$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,811 income − $1,767 expenses = $44 cash flow

Income$1,811Mortgage P&I$1,17065%Property Taxes$463%Insurance$794%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$44

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,811

Total Expenses

$1,767

Mortgage P&I

65%

$1,170

Property Taxes

3%

$46

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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