REI Lense

REI Lense

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$2,124 (target)

151 Valley Hill Dr, West Monroe, LA 71291

3 beds • 2 baths • 1236 sqft

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This property could be a profitable Mid-Term investment with a projected 10.21% first-year return on $54,897 initial cash invested.

10.21%

Cash On Cash

9.53%

Cap Rate

1.65

DSCR

$2,124

Rent

$467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$176k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,897

Downpayment

20%

$35,140

Closing costs

1%

$1,757

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,124

Total Expenses

$1,657

Mortgage P&I

40%

$843

Property Taxes

1%

$28

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$234

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