REI Lense

REI Lense

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$1,025 (target)

2008 S 6th St, Monroe, LA 71202

3 beds • 2 baths • 1780 sqft

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This property looks like a bad Long-Term investment with a projected -7.84% first-year return on $37,800 initial cash invested.

-7.84%

Cash On Cash

4.92%

Cap Rate

0.79

DSCR

$1,025

Rent

-$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,025 income − $1,272 expenses = $247 out of pocket

Income$1,025Out of Pocket$247Mortgage P&I$93491%Property Taxes$91%Insurance$636%Management$10210%CapEx$515%Vacancy$626%Maintenance$515%

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,025

Total Expenses

$1,272

Mortgage P&I

91%

$934

Property Taxes

1%

$9

Home Insurance

6%

$63

HOA

0%

$0

Property Management

10%

$102

CapEx

5%

$51

Vacancy

6%

$62

Maintenance

5%

$51

Other

0%

$0

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