REI Lense

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$1,858 (target)

205 W Louisiana State Dr, Kenner, LA 70065

3 beds • 2 baths • 1584 sqft

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This property looks like a bad Long-Term investment with a projected -3.12% first-year return on $52,752 initial cash invested.

-3.12%

Cash On Cash

5.91%

Cap Rate

0.97

DSCR

$1,858

Rent

-$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,858 income − $1,995 expenses = $137 out of pocket

Income$1,858Out of Pocket$137Mortgage P&I$1,28269%Property Taxes$1397%Insurance$915%Management$18610%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,752

Downpayment

20%

$50,240

Closing costs

1%

$2,512

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,858

Total Expenses

$1,995

Mortgage P&I

69%

$1,282

Property Taxes

7%

$139

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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