REI Lense

REI Lense

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$864 (target)

300 S Main St, Springhill, LA 71075

3 beds • 2 baths • 1489 sqft

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This property looks like a bad Long-Term investment with a projected -7.07% first-year return on $29,379 initial cash invested.

-7.07%

Cash On Cash

5.06%

Cap Rate

0.82

DSCR

$864

Rent

-$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$864 income − $1,037 expenses = $173 out of pocket

Income$864Out of Pocket$173Mortgage P&I$72083%Property Taxes$445%Insurance$496%Management$8610%CapEx$435%Vacancy$526%Maintenance$435%

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$864

Total Expenses

$1,037

Mortgage P&I

83%

$720

Property Taxes

5%

$44

Home Insurance

6%

$49

HOA

0%

$0

Property Management

10%

$86

CapEx

5%

$43

Vacancy

6%

$52

Maintenance

5%

$43

Other

0%

$0

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