REI Lense

REI Lense

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$1,575 (target)

2131 Memorial Dr, Alexandria, LA 71301

3 beds • 2 baths • 2100 sqft

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This property might be a fair Long-Term investment with a projected 7.25% first-year return on $32,592 initial cash invested.

7.25%

Cash On Cash

8.36%

Cap Rate

1.34

DSCR

$1,575

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,575 income − $1,378 expenses = $197 cash flow

Income$1,575Mortgage P&I$80551%Property Taxes$1077%Insurance$564%Management$15810%CapEx$795%Vacancy$946%Maintenance$795%Cash Flow$197

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,592

Downpayment

20%

$31,040

Closing costs

1%

$1,552

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,575

Total Expenses

$1,378

Mortgage P&I

51%

$805

Property Taxes

7%

$107

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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