REI Lense

REI Lense

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$1,610 (target)

2219 Crane St, Slidell, LA 70460

3 beds • 2 baths • 996 sqft

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This property might be a fair Long-Term investment with a projected 2.12% first-year return on $36,750 initial cash invested.

2.12%

Cash On Cash

7.14%

Cap Rate

1.16

DSCR

$1,610

Rent

$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,610 income − $1,545 expenses = $65 cash flow

Income$1,610Mortgage P&I$89656%Property Taxes$17011%Insurance$614%Management$16110%CapEx$805%Vacancy$976%Maintenance$805%Cash Flow$65

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,610

Total Expenses

$1,545

Mortgage P&I

56%

$896

Property Taxes

11%

$170

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$97

Maintenance

5%

$80

Other

0%

$0

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