REI Lense

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$3,214 (target)

268 Halsey Dr, Harahan, LA 70123

3 beds • 3 baths • 1375 sqft

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This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $83,646 initial cash invested.

3.27%

Cash On Cash

7.36%

Cap Rate

1.23

DSCR

$3,214

Rent

$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,214 income − $2,986 expenses = $228 cash flow

Income$3,214Mortgage P&I$1,55949%Property Taxes$1745%Insurance$1595%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35411%Cash Flow$228

Investment Breakdown

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Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,646

Downpayment

20%

$62,520

Closing costs

1%

$3,126

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,214

Total Expenses

$2,986

Mortgage P&I

49%

$1,559

Property Taxes

5%

$174

Home Insurance

5%

$159

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$354

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