REI Lense

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$1,441 (target)

3113 Germantown Rd, Minden, LA 71055

3 beds • 2 baths • 1305 sqft

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This property might be a fair Long-Term investment with a projected 0.77% first-year return on $37,317 initial cash invested.

0.77%

Cash On Cash

6.96%

Cap Rate

1.1

DSCR

$1,441

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,441 income − $1,417 expenses = $24 cash flow

Income$1,441Mortgage P&I$93465%Property Taxes$514%Insurance$584%Management$14410%CapEx$725%Vacancy$866%Maintenance$725%Cash Flow$24

Investment Breakdown

|

Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,317

Downpayment

20%

$35,540

Closing costs

1%

$1,777

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,441

Total Expenses

$1,417

Mortgage P&I

65%

$934

Property Taxes

4%

$51

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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