REI Lense

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$1,361 (target)

1816 Swarthmore St, Alexandria, LA 71301

3 beds • 2 baths • 1603 sqft

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This property might be a fair Long-Term investment with a projected 1.58% first-year return on $32,676 initial cash invested.

1.58%

Cash On Cash

7.1%

Cap Rate

1.14

DSCR

$1,361

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,361 income − $1,318 expenses = $43 cash flow

Income$1,361Mortgage P&I$80959%Property Taxes$997%Insurance$564%Management$13610%CapEx$685%Vacancy$826%Maintenance$685%Cash Flow$43

Investment Breakdown

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Purchase Price

$156k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,676

Downpayment

20%

$31,120

Closing costs

1%

$1,556

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,361

Total Expenses

$1,318

Mortgage P&I

59%

$809

Property Taxes

7%

$99

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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