REI Lense

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$1,935 (target)

34081 Stanley St, Slidell, LA 70460

3 beds • 3 baths • 1832 sqft

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This property might be a fair Long-Term investment with a projected 3.94% first-year return on $44,520 initial cash invested.

3.94%

Cash On Cash

7.5%

Cap Rate

1.22

DSCR

$1,935

Rent

$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,935 income − $1,789 expenses = $146 cash flow

Income$1,935Mortgage P&I$1,08256%Property Taxes$1297%Insurance$744%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%Cash Flow$146

Investment Breakdown

|

Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,520

Downpayment

20%

$42,400

Closing costs

1%

$2,120

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,935

Total Expenses

$1,789

Mortgage P&I

56%

$1,082

Property Taxes

7%

$129

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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