REI Lense

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$2,802 (target)

345 Wainwright Dr, Harahan, LA 70123

3 beds • 2 baths • 1207 sqft

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This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $72,537 initial cash invested.

5.23%

Cash On Cash

7.84%

Cap Rate

1.34

DSCR

$2,802

Rent

$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,802 income − $2,486 expenses = $316 cash flow

Income$2,802Mortgage P&I$1,26945%Property Taxes$1716%Insurance$943%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$316

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,537

Downpayment

20%

$51,940

Closing costs

1%

$2,597

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,802

Total Expenses

$2,486

Mortgage P&I

45%

$1,269

Property Taxes

6%

$171

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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