REI Lense

REI Lense

$2,190 (target)

2130 Dustin Morgan Loop, Opelousas, LA 70570

3 beds • 2 baths • 1775 sqft

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This property might be a fair Mid-Term investment with a projected 3.22% first-year return on $61,512 initial cash invested.

3.22%

Cash On Cash

8.04%

Cap Rate

1.22

DSCR

$2,190

Rent

$165

Cashflow

Cash Flow

$2,190 income − $2,025 expenses = $165 cash flow

Income$2,190P&I$1,13652%Taxes$472%Insurance$964%Mgmt$26312%CapEx$884%Vacancy$663%Maint.$884%Other$24111%Cash Flow$165

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,512

Downpayment

20%

$41,440

Closing costs

1%

$2,072

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,190

Total Expenses

$2,025

Mortgage P&I

52%

$1,136

Property Taxes

2%

$47

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

See Opelousas, LA mid-term rental market →

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