REI Lense

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$2,784 (target)

234 Hodges Rd, Ruston, LA 71270

3 beds • 2 baths • 2288 sqft

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This property might be a fair Mid-Term investment with a projected 3.7% first-year return on $78,207 initial cash invested.

3.7%

Cash On Cash

7.39%

Cap Rate

1.25

DSCR

$2,784

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,784 income − $2,543 expenses = $241 cash flow

Income$2,784Mortgage P&I$1,41451%Property Taxes$783%Insurance$1054%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30611%Cash Flow$241

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,207

Downpayment

20%

$57,340

Closing costs

1%

$2,867

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,784

Total Expenses

$2,543

Mortgage P&I

51%

$1,414

Property Taxes

3%

$78

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$306

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