REI Lense

REI Lense

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$1,748 (target)

2945 Mount Kennedy Dr, Marrero, LA 70072

3 beds • 2 baths • 1300 sqft

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This property might be a fair Long-Term investment with a projected 5.41% first-year return on $37,947 initial cash invested.

5.41%

Cash On Cash

8.1%

Cap Rate

1.27

DSCR

$1,748

Rent

$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,748 income − $1,577 expenses = $171 cash flow

Income$1,748Mortgage P&I$96255%Property Taxes$976%Insurance$644%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%Cash Flow$171

Investment Breakdown

|

Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,947

Downpayment

20%

$36,140

Closing costs

1%

$1,807

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,748

Total Expenses

$1,577

Mortgage P&I

55%

$962

Property Taxes

6%

$97

Home Insurance

4%

$64

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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