REI Lense

REI Lense

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$1,803 (target)

1806 Goodwin Rd, Ruston, LA 71270

3 beds • 2 baths • 1290 sqft

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This property looks like a bad Long-Term investment with a projected -5.65% first-year return on $57,750 initial cash invested.

-5.65%

Cash On Cash

5.3%

Cap Rate

0.87

DSCR

$1,803

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,803 income − $2,075 expenses = $272 out of pocket

Income$1,803Out of Pocket$272Mortgage P&I$1,39677%Property Taxes$1156%Insurance$965%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,803

Total Expenses

$2,075

Mortgage P&I

77%

$1,396

Property Taxes

6%

$115

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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