REI Lense

REI Lense

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$2,139 (target)

203 Havana St, Belle Chasse, LA 70037

3 beds • 2 baths • 1990 sqft

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This property looks like a bad Long-Term investment with a projected -1.05% first-year return on $58,380 initial cash invested.

-1.05%

Cash On Cash

6.3%

Cap Rate

1.04

DSCR

$2,139

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,139 income − $2,190 expenses = $51 out of pocket

Income$2,139Out of Pocket$51Mortgage P&I$1,40466%Property Taxes$1336%Insurance$975%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,380

Downpayment

20%

$55,600

Closing costs

1%

$2,780

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,139

Total Expenses

$2,190

Mortgage P&I

66%

$1,404

Property Taxes

6%

$133

Home Insurance

5%

$97

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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