REI Lense

REI Lense

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$2,461 (target)

1605 N 4th St, Monroe, LA 71201

3 beds • 2 baths • 1875 sqft

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This property could be a profitable Long-Term investment with a projected 15.75% first-year return on $44,268 initial cash invested.

15.75%

Cash On Cash

10.21%

Cap Rate

1.65

DSCR

$2,461

Rent

$581

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,461 income − $1,880 expenses = $581 cash flow

Income$2,461Mortgage P&I$1,08944%Property Taxes$693%Insurance$823%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%Cash Flow$581

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,268

Downpayment

20%

$42,160

Closing costs

1%

$2,108

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,461

Total Expenses

$1,880

Mortgage P&I

44%

$1,089

Property Taxes

3%

$69

Home Insurance

3%

$82

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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