REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,312 (target)

1516 Francis Ave, Metairie, LA 70003

3 beds • 2 baths • 1446 sqft

Email

This property could be a profitable Mid-Term investment with a projected 14.33% first-year return on $65,250 initial cash invested.

14.33%

Cash On Cash

11.65%

Cap Rate

1.72

DSCR

$3,312

Rent

$779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,312 income − $2,533 expenses = $779 cash flow

Income$3,312Mortgage P&I$1,27438%Property Taxes$562%Insurance$792%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%Cash Flow$779

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,312

Total Expenses

$2,533

Mortgage P&I

38%

$1,274

Property Taxes

2%

$56

Home Insurance

2%

$79

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis