REI Lense

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$2,132 (target)

147 Gena Marie Dr, Lafayette, LA 70506

3 beds • 2 baths • 1069 sqft

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This property could be a profitable Mid-Term investment with a projected 11.44% first-year return on $50,571 initial cash invested.

11.44%

Cash On Cash

10.48%

Cap Rate

1.72

DSCR

$2,132

Rent

$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,132 income − $1,650 expenses = $482 cash flow

Income$2,132Mortgage P&I$78837%Property Taxes$854%Insurance$522%Management$25612%CapEx$854%Vacancy$643%Maintenance$854%Other$23511%Cash Flow$482

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,571

Downpayment

20%

$31,020

Closing costs

1%

$1,551

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,132

Total Expenses

$1,650

Mortgage P&I

37%

$788

Property Taxes

4%

$85

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$256

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$235

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