REI Lense

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$3,150 (target)

1975 Honeytree Trl, Haughton, LA 71037

3 beds • 2 baths • 1789 sqft

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This property might be a fair Mid-Term investment with a projected 2.95% first-year return on $84,654 initial cash invested.

2.95%

Cash On Cash

7.16%

Cap Rate

1.21

DSCR

$3,150

Rent

$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,150 income − $2,942 expenses = $208 cash flow

Income$3,150Mortgage P&I$1,56150%Property Taxes$1996%Insurance$1124%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$208

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,654

Downpayment

20%

$63,480

Closing costs

1%

$3,174

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,150

Total Expenses

$2,942

Mortgage P&I

50%

$1,561

Property Taxes

6%

$199

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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