REI Lense

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$2,886 (target)

348 Long Hill Dr, Sulphur, LA 70665

3 beds • 2 baths • 1710 sqft

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This property might be a fair Mid-Term investment with a projected 7.17% first-year return on $67,287 initial cash invested.

7.17%

Cash On Cash

8.87%

Cap Rate

1.42

DSCR

$2,886

Rent

$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,886 income − $2,484 expenses = $402 cash flow

Income$2,886Mortgage P&I$1,21842%Property Taxes$1786%Insurance$833%HOA$251%Management$34612%CapEx$1154%Vacancy$873%Maintenance$1154%Other$31711%Cash Flow$402

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,287

Downpayment

20%

$46,940

Closing costs

1%

$2,347

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,886

Total Expenses

$2,484

Mortgage P&I

42%

$1,218

Property Taxes

6%

$178

Home Insurance

3%

$83

HOA

1%

$25

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$87

Maintenance

4%

$115

Other

11%

$317

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