REI Lense

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$2,266 (target)

202 Ridge Run Ln, Carencro, LA 70520

3 beds • 2 baths • 1854 sqft

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This property looks like a bad Mid-Term investment with a projected -0.54% first-year return on $73,650 initial cash invested.

-0.54%

Cash On Cash

6.18%

Cap Rate

1.04

DSCR

$2,266

Rent

-$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,266 income − $2,299 expenses = $33 out of pocket

Income$2,266Out of Pocket$33Mortgage P&I$1,30758%Property Taxes$1286%Insurance$934%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,266

Total Expenses

$2,299

Mortgage P&I

58%

$1,307

Property Taxes

6%

$128

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

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