REI Lense

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$1,482 (target)

245 Oak Dr, Saint Martinville, LA 70582

3 beds • 2 baths • 1700 sqft

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This property could be a profitable Long-Term investment with a projected 45.64% first-year return on $16,800 initial cash invested.

45.64%

Cash On Cash

17.04%

Cap Rate

2.69

DSCR

$1,482

Rent

$639

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,482 income − $843 expenses = $639 cash flow

Income$1,482Mortgage P&I$42329%Property Taxes$7Insurance$282%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%Cash Flow$639

Investment Breakdown

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Purchase Price

$80,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$16,800

Downpayment

20%

$16,000

Closing costs

1%

$800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,482

Total Expenses

$843

Mortgage P&I

29%

$423

Property Taxes

0%

$7

Home Insurance

2%

$28

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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