REI Lense

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$2,860 (target)

2621 Daniel Ct, Marrero, LA 70072

3 beds • 2 baths • 1664 sqft

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This property might be a fair Mid-Term investment with a projected 5.25% first-year return on $74,049 initial cash invested.

5.25%

Cash On Cash

7.84%

Cap Rate

1.34

DSCR

$2,860

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,860 income − $2,536 expenses = $324 cash flow

Income$2,860Mortgage P&I$1,30546%Property Taxes$1575%Insurance$1024%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31511%Cash Flow$324

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,049

Downpayment

20%

$53,380

Closing costs

1%

$2,669

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,860

Total Expenses

$2,536

Mortgage P&I

46%

$1,305

Property Taxes

5%

$157

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$315

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