REI Lense

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$2,847 (target)

1580 Machen Dr, Springhill, LA 71075

3 beds • 2 baths • 4034 sqft

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This property looks like a bad Mid-Term investment with a projected -7.47% first-year return on $119k initial cash invested.

-7.47%

Cash On Cash

4.3%

Cap Rate

0.73

DSCR

$2,847

Rent

-$739

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $3,586 expenses = $739 out of pocket

Income$2,847Out of Pocket$739Mortgage P&I$2,34682%Property Taxes$1044%Insurance$1686%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$3,586

Mortgage P&I

82%

$2,346

Property Taxes

4%

$104

Home Insurance

6%

$168

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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