REI Lense

REI Lense

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$1,421 (target)

147 Gena Marie Dr, Lafayette, LA 70506

3 beds • 2 baths • 1069 sqft

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This property might be a fair Long-Term investment with a projected 4.68% first-year return on $32,571 initial cash invested.

4.68%

Cash On Cash

7.63%

Cap Rate

1.25

DSCR

$1,421

Rent

$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,421 income − $1,294 expenses = $127 cash flow

Income$1,421Mortgage P&I$78855%Property Taxes$856%Insurance$524%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$127

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,571

Downpayment

20%

$31,020

Closing costs

1%

$1,551

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,421

Total Expenses

$1,294

Mortgage P&I

55%

$788

Property Taxes

6%

$85

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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