REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,876 (target)

1824 Allen St, New Orleans, LA 70116

3 beds • 2 baths • 1200 sqft

Email

This property could be a profitable Long-Term investment with a projected 17.91% first-year return on $30,618 initial cash invested.

17.91%

Cash On Cash

10.62%

Cap Rate

1.75

DSCR

$1,876

Rent

$457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,876 income − $1,419 expenses = $457 cash flow

Income$1,876Mortgage P&I$73939%Property Taxes$1397%Insurance$523%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%Cash Flow$457

Investment Breakdown

|

Purchase Price

$146k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,618

Downpayment

20%

$29,160

Closing costs

1%

$1,458

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,876

Total Expenses

$1,419

Mortgage P&I

39%

$739

Property Taxes

7%

$139

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis