REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,114 (target)

2537 W Friendship Dr, Harvey, LA 70058

3 beds • 2 baths • 2000 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.11% first-year return on $73,650 initial cash invested.

6.11%

Cash On Cash

8.36%

Cap Rate

1.37

DSCR

$3,114

Rent

$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,114 income − $2,739 expenses = $375 cash flow

Income$3,114Mortgage P&I$1,34643%Property Taxes$2408%Insurance$933%Management$37412%CapEx$1254%Vacancy$933%Maintenance$1254%Other$34311%Cash Flow$375

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,114

Total Expenses

$2,739

Mortgage P&I

43%

$1,346

Property Taxes

8%

$240

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$93

Maintenance

4%

$125

Other

11%

$343

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis