REI Lense

REI Lense

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$1,955 (target)

28189 Creole Rd, Lacombe, LA 70445

3 beds • 3 baths • 2108 sqft

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This property looks like a bad Long-Term investment with a projected -7.12% first-year return on $64,050 initial cash invested.

-7.12%

Cash On Cash

4.72%

Cap Rate

0.81

DSCR

$1,955

Rent

-$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,955 income − $2,335 expenses = $380 out of pocket

Income$1,955Out of Pocket$380Mortgage P&I$1,48276%Property Taxes$23712%Insurance$1075%Management$19610%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,955

Total Expenses

$2,335

Mortgage P&I

76%

$1,482

Property Taxes

12%

$237

Home Insurance

5%

$107

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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