REI Lense

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$1,472 (target)

229 Auburn Dr, Carencro, LA 70520

3 beds • 2 baths • 1252 sqft

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This property might be a fair Long-Term investment with a projected 3.6% first-year return on $34,650 initial cash invested.

3.6%

Cash On Cash

7.44%

Cap Rate

1.21

DSCR

$1,472

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,472 income − $1,368 expenses = $104 cash flow

Income$1,472Mortgage P&I$84557%Property Taxes$826%Insurance$584%Management$14710%CapEx$745%Vacancy$886%Maintenance$745%Cash Flow$104

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,472

Total Expenses

$1,368

Mortgage P&I

57%

$845

Property Taxes

6%

$82

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

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