REI Lense

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$1,560 (target)

2457 Myland Dr, Pineville, LA 71360

3 beds • 2 baths • 1572 sqft

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This property looks like a bad Long-Term investment with a projected -11.41% first-year return on $56,889 initial cash invested.

-11.41%

Cash On Cash

3.98%

Cap Rate

0.66

DSCR

$1,560

Rent

-$541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,560 income − $2,101 expenses = $541 out of pocket

Income$1,560Out of Pocket$541Mortgage P&I$1,36287%Property Taxes$23715%Insurance$966%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,889

Downpayment

20%

$54,180

Closing costs

1%

$2,709

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,560

Total Expenses

$2,101

Mortgage P&I

87%

$1,362

Property Taxes

15%

$237

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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