REI Lense

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$3,844 (target)

2133 Generes Dr, Harahan, LA 70123

3 beds • 3 baths • 1614 sqft

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This property might be a fair Mid-Term investment with a projected 8.31% first-year return on $89,190 initial cash invested.

8.31%

Cash On Cash

8.65%

Cap Rate

1.46

DSCR

$3,844

Rent

$618

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,844 income − $3,226 expenses = $618 cash flow

Income$3,844Mortgage P&I$1,67243%Property Taxes$1253%Insurance$1223%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%Cash Flow$618

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,844

Total Expenses

$3,226

Mortgage P&I

44%

$1,672

Property Taxes

3%

$125

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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