REI Lense

REI Lense

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$2,072 (target)

315 Stonehill Rd, Folsom, LA 70437

3 beds • 2 baths • 2409 sqft

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This property looks like a bad Long-Term investment with a projected -14.06% first-year return on $110k initial cash invested.

-14.06%

Cash On Cash

3.27%

Cap Rate

0.55

DSCR

$2,072

Rent

-$1,292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,072

Total Expenses

$3,364

Mortgage P&I

126%

$2,620

Property Taxes

1%

$21

Home Insurance

9%

$184

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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