REI Lense

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$1,914 (target)

216 Grand Lakes Blvd, Alexandria, LA 71303

3 beds • 2 baths • 1603 sqft

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This property looks like a bad Long-Term investment with a projected -4.97% first-year return on $56,280 initial cash invested.

-4.97%

Cash On Cash

5.26%

Cap Rate

0.9

DSCR

$1,914

Rent

-$233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,914 income − $2,147 expenses = $233 out of pocket

Income$1,914Out of Pocket$233Mortgage P&I$1,31168%Property Taxes$21511%Insurance$945%HOA$292%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,280

Downpayment

20%

$53,600

Closing costs

1%

$2,680

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,914

Total Expenses

$2,147

Mortgage P&I

69%

$1,311

Property Taxes

11%

$215

Home Insurance

5%

$94

HOA

2%

$29

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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