REI Lense

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$2,240 (target)

202 Governors Ct, Mandeville, LA 70448

3 beds • 2 baths • 1814 sqft

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This property looks like a bad Long-Term investment with a projected -2.36% first-year return on $68,250 initial cash invested.

-2.36%

Cash On Cash

5.89%

Cap Rate

0.99

DSCR

$2,240

Rent

-$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,240 income − $2,374 expenses = $134 out of pocket

Income$2,240Out of Pocket$134Mortgage P&I$1,61772%Property Taxes$613%Insurance$1145%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,240

Total Expenses

$2,374

Mortgage P&I

72%

$1,617

Property Taxes

3%

$61

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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