REI Lense

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$2,223 (target)

245 Oak Dr, Saint Martinville, LA 70582

3 beds • 2 baths • 1700 sqft

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This property could be a profitable Mid-Term investment with a projected 34.76% first-year return on $34,800 initial cash invested.

34.76%

Cash On Cash

22.8%

Cap Rate

3.59

DSCR

$2,223

Rent

$1,008

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,223 income − $1,215 expenses = $1,008 cash flow

Income$2,223Mortgage P&I$42319%Property Taxes$7Insurance$281%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$1,008

Investment Breakdown

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Purchase Price

$80,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,800

Downpayment

20%

$16,000

Closing costs

1%

$800

Rehab

0%

$0

Furnishing

23%

$18,000

Cashflow

Total Income

$2,223

Total Expenses

$1,215

Mortgage P&I

19%

$423

Property Taxes

0%

$7

Home Insurance

1%

$28

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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