REI Lense

REI Lense

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$1,722 (target)

2121 Brigade Dr, Chalmette, LA 70043

3 beds • 2 baths • 1366 sqft

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This property might be a fair Long-Term investment with a projected 8.75% first-year return on $34,818 initial cash invested.

8.75%

Cash On Cash

8.59%

Cap Rate

1.4

DSCR

$1,722

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,722 income − $1,468 expenses = $254 cash flow

Income$1,722Mortgage P&I$84749%Property Taxes$1147%Insurance$603%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%Cash Flow$254

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,818

Downpayment

20%

$33,160

Closing costs

1%

$1,658

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,722

Total Expenses

$1,468

Mortgage P&I

49%

$847

Property Taxes

7%

$114

Home Insurance

3%

$60

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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