REI Lense

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$3,050 (target)

201 Ramsey Dr, Carencro, LA 70520

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Mid-Term investment with a projected -2.98% first-year return on $101k initial cash invested.

-2.98%

Cash On Cash

5.48%

Cap Rate

0.93

DSCR

$3,050

Rent

-$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,050 income − $3,300 expenses = $250 out of pocket

Income$3,050Out of Pocket$250Mortgage P&I$1,92863%Property Taxes$1926%Insurance$1425%Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%

Investment Breakdown

|

Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,800

Closing costs

1%

$3,940

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,050

Total Expenses

$3,300

Mortgage P&I

63%

$1,928

Property Taxes

6%

$192

Home Insurance

5%

$142

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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