REI Lense

REI Lense

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$1,872 (target)

20612 Stone House Rd, Hammond, LA 70401

3 beds • 2 baths • 1578 sqft

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This property looks like a bad Long-Term investment with a projected -2.29% first-year return on $52,836 initial cash invested.

-2.29%

Cash On Cash

5.88%

Cap Rate

0.99

DSCR

$1,872

Rent

-$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,872 income − $1,973 expenses = $101 out of pocket

Income$1,872Out of Pocket$101Mortgage P&I$1,24066%Property Taxes$1247%Insurance$895%HOA$332%Management$18710%CapEx$945%Vacancy$1126%Maintenance$945%

Investment Breakdown

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Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,836

Downpayment

20%

$50,320

Closing costs

1%

$2,516

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,872

Total Expenses

$1,973

Mortgage P&I

66%

$1,240

Property Taxes

7%

$124

Home Insurance

5%

$89

HOA

2%

$33

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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