REI Lense

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$2,274 (target)

2301 Loyola Ave, New Orleans, LA 70113

3 beds • 2 baths • 1642 sqft

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This property might be a fair Long-Term investment with a projected 2.29% first-year return on $52,857 initial cash invested.

2.29%

Cash On Cash

7.12%

Cap Rate

1.17

DSCR

$2,274

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,274 income − $2,173 expenses = $101 cash flow

Income$2,274Mortgage P&I$1,27856%Property Taxes$2159%Insurance$894%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%Cash Flow$101

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,857

Downpayment

20%

$50,340

Closing costs

1%

$2,517

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,274

Total Expenses

$2,173

Mortgage P&I

56%

$1,278

Property Taxes

9%

$215

Home Insurance

4%

$89

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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