REI Lense

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$1,692 (target)

338 Flowers Rd, Pineville, LA 71360

3 beds • 2 baths • 1019 sqft

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This property might be a fair Mid-Term investment with a projected 2.28% first-year return on $50,949 initial cash invested.

2.28%

Cash On Cash

7.57%

Cap Rate

1.2

DSCR

$1,692

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,692 income − $1,595 expenses = $97 cash flow

Income$1,692Mortgage P&I$82549%Property Taxes$1388%Insurance$563%Management$20312%CapEx$684%Vacancy$513%Maintenance$684%Other$18611%Cash Flow$97

Investment Breakdown

|

Purchase Price

$157k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,949

Downpayment

20%

$31,380

Closing costs

1%

$1,569

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,692

Total Expenses

$1,595

Mortgage P&I

49%

$825

Property Taxes

8%

$138

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$203

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$186

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