REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,218 (target)

2214 Thornton Ct, Alexandria, LA 71301

3 beds • 2 baths • 1600 sqft

Email

This property could be a profitable Mid-Term investment with a projected 12.64% first-year return on $49,647 initial cash invested.

12.64%

Cash On Cash

11.1%

Cap Rate

1.78

DSCR

$2,218

Rent

$523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,218 income − $1,695 expenses = $523 cash flow

Income$2,218Mortgage P&I$78235%Property Taxes$1045%Insurance$542%Management$26612%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$523

Investment Breakdown

|

Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,647

Downpayment

20%

$30,140

Closing costs

1%

$1,507

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,218

Total Expenses

$1,695

Mortgage P&I

35%

$782

Property Taxes

5%

$104

Home Insurance

2%

$54

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis