REI Lense

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$1,287 (target)

24044 Highway 157, Springhill, LA 71075

3 beds • 2 baths • 1885 sqft

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This property might be a fair Long-Term investment with a projected 4.79% first-year return on $28,329 initial cash invested.

4.79%

Cash On Cash

7.75%

Cap Rate

1.26

DSCR

$1,287

Rent

$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,287 income − $1,174 expenses = $113 cash flow

Income$1,287Mortgage P&I$69454%Property Taxes$998%Insurance$474%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$113

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,329

Downpayment

20%

$26,980

Closing costs

1%

$1,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,287

Total Expenses

$1,174

Mortgage P&I

54%

$694

Property Taxes

8%

$99

Home Insurance

4%

$47

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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