REI Lense

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$2,091 (target)

2916 Ivy Pl, Chalmette, LA 70043

3 beds • 2 baths • 1420 sqft

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This property looks like a bad Long-Term investment with a projected -0.78% first-year return on $57,141 initial cash invested.

-0.78%

Cash On Cash

6.32%

Cap Rate

1.05

DSCR

$2,091

Rent

-$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,091 income − $2,128 expenses = $37 out of pocket

Income$2,091Out of Pocket$37Mortgage P&I$1,36465%Property Taxes$1226%Insurance$985%Management$20910%CapEx$1055%Vacancy$1256%Maintenance$1055%

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,141

Downpayment

20%

$54,420

Closing costs

1%

$2,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,091

Total Expenses

$2,128

Mortgage P&I

65%

$1,364

Property Taxes

6%

$122

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$105

Vacancy

6%

$125

Maintenance

5%

$105

Other

0%

$0

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