REI Lense

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$3,208 (target)

203 Havana St, Belle Chasse, LA 70037

3 beds • 2 baths • 1990 sqft

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This property might be a fair Mid-Term investment with a projected 7.6% first-year return on $76,380 initial cash invested.

7.6%

Cash On Cash

8.7%

Cap Rate

1.44

DSCR

$3,208

Rent

$484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,208 income − $2,724 expenses = $484 cash flow

Income$3,208Mortgage P&I$1,40444%Property Taxes$1334%Insurance$973%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%Cash Flow$484

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,380

Downpayment

20%

$55,600

Closing costs

1%

$2,780

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,208

Total Expenses

$2,724

Mortgage P&I

44%

$1,404

Property Taxes

4%

$133

Home Insurance

3%

$97

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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