REI Lense

REI Lense

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$1,897 (target)

33494 Highway 433, Slidell, LA 70460

3 beds • 2 baths • 1579 sqft

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This property might be a fair Long-Term investment with a projected 5.13% first-year return on $45,129 initial cash invested.

5.13%

Cash On Cash

7.37%

Cap Rate

1.28

DSCR

$1,897

Rent

$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,129

Downpayment

20%

$42,980

Closing costs

1%

$2,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,897

Total Expenses

$1,704

Mortgage P&I

54%

$1,031

Property Taxes

5%

$104

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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