REI Lense

REI Lense

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$2,591 (target)

197 Orleans Ave, Folsom, LA 70437

3 beds • 2 baths • 2520 sqft

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This property looks like a bad Long-Term investment with a projected -12.02% first-year return on $116k initial cash invested.

-12.02%

Cash On Cash

3.6%

Cap Rate

0.62

DSCR

$2,591

Rent

-$1,164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$553k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$111k

Closing costs

1%

$5,533

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,591

Total Expenses

$3,755

Mortgage P&I

104%

$2,696

Property Taxes

7%

$181

Home Insurance

8%

$201

HOA

0%

$3

Property Management

10%

$259

CapEx

5%

$130

Vacancy

6%

$155

Maintenance

5%

$130

Other

0%

$0

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