REI Lense

REI Lense

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$1,454 (target)

2131 Sellers Rd, Rayne, LA 70578

3 beds • 2 baths • 1751 sqft

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This property might be a fair Long-Term investment with a projected 5.05% first-year return on $31,815 initial cash invested.

5.05%

Cash On Cash

7.87%

Cap Rate

1.26

DSCR

$1,454

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,454 income − $1,320 expenses = $134 cash flow

Income$1,454Mortgage P&I$78654%Property Taxes$1027%Insurance$544%Management$14510%CapEx$735%Vacancy$876%Maintenance$735%Cash Flow$134

Investment Breakdown

|

Purchase Price

$152k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,815

Downpayment

20%

$30,300

Closing costs

1%

$1,515

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,454

Total Expenses

$1,320

Mortgage P&I

54%

$786

Property Taxes

7%

$102

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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