REI Lense

REI Lense

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$1,527 (target)

2435 Myland Dr, Pineville, LA 71360

3 beds • 2 baths • 1433 sqft

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This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $52,290 initial cash invested.

-10.46%

Cash On Cash

4.31%

Cap Rate

0.7

DSCR

$1,527

Rent

-$456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,527 income − $1,983 expenses = $456 out of pocket

Income$1,527Out of Pocket$456Mortgage P&I$1,27583%Property Taxes$22415%Insurance$876%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,527

Total Expenses

$1,983

Mortgage P&I

84%

$1,275

Property Taxes

15%

$224

Home Insurance

6%

$87

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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