REI Lense

REI Lense

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$1,920 (target)

3298 Highway 35, Opelousas, LA 70570

3 beds • 3 baths • 2478 sqft

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This property looks like a bad Long-Term investment with a projected -0.98% first-year return on $52,500 initial cash invested.

-0.98%

Cash On Cash

6.47%

Cap Rate

1.04

DSCR

$1,920

Rent

-$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,920 income − $1,963 expenses = $43 out of pocket

Income$1,920Out of Pocket$43Mortgage P&I$1,29467%Property Taxes$824%Insurance$885%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,920

Total Expenses

$1,963

Mortgage P&I

67%

$1,294

Property Taxes

4%

$82

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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