REI Lense

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$1,309 (target)

1644 Prayer House Rd, Opelousas, LA 70570

3 beds • 2 baths • 2066 sqft

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This property looks like a bad Long-Term investment with a projected -19.55% first-year return on $102k initial cash invested.

-19.55%

Cash On Cash

2%

Cap Rate

0.34

DSCR

$1,309

Rent

-$1,663

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,309 income − $2,972 expenses = $1,663 out of pocket

Income$1,309Out of Pocket$1,663Mortgage P&I$2,410184%Property Taxes$1078%Insurance$1159%Management$13110%CapEx$655%Vacancy$796%Maintenance$655%

Investment Breakdown

|

Purchase Price

$486k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$97,220

Closing costs

1%

$4,861

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,309

Total Expenses

$2,972

Mortgage P&I

184%

$2,410

Property Taxes

8%

$107

Home Insurance

9%

$115

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$65

Vacancy

6%

$79

Maintenance

5%

$65

Other

0%

$0

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