REI Lense

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$1,611 (target)

2608 Douglas Dr, Bossier City, LA 71111

3 beds • 2 baths • 1523 sqft

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This property looks like a bad Long-Term investment with a projected -0.8% first-year return on $42,189 initial cash invested.

-0.8%

Cash On Cash

6.7%

Cap Rate

1.05

DSCR

$1,611

Rent

-$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,611 income − $1,639 expenses = $28 out of pocket

Income$1,611Out of Pocket$28Mortgage P&I$1,06966%Property Taxes$785%Insurance$724%Management$16110%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,189

Downpayment

20%

$40,180

Closing costs

1%

$2,009

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,611

Total Expenses

$1,639

Mortgage P&I

66%

$1,069

Property Taxes

5%

$78

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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