REI Lense

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$1,887 (target)

2301 Weyer St, Gretna, LA 70053

3 beds • 2 baths • 1459 sqft

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This property might be a fair Long-Term investment with a projected 2.26% first-year return on $48,951 initial cash invested.

2.26%

Cash On Cash

7.12%

Cap Rate

1.16

DSCR

$1,887

Rent

$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,887 income − $1,795 expenses = $92 cash flow

Income$1,887Mortgage P&I$1,19863%Property Taxes$251%Insurance$824%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%Cash Flow$92

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,951

Downpayment

20%

$46,620

Closing costs

1%

$2,331

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,887

Total Expenses

$1,795

Mortgage P&I

63%

$1,198

Property Taxes

1%

$25

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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