REI Lense

REI Lense

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$1,736 (target)

353 Huntington Dr, Slidell, LA 70458

3 beds • 2 baths • 1448 sqft

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This property looks like a bad Long-Term investment with a projected -2.47% first-year return on $49,077 initial cash invested.

-2.47%

Cash On Cash

5.96%

Cap Rate

0.99

DSCR

$1,736

Rent

-$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,736 income − $1,837 expenses = $101 out of pocket

Income$1,736Out of Pocket$101Mortgage P&I$1,17468%Property Taxes$1277%Insurance$845%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,077

Downpayment

20%

$46,740

Closing costs

1%

$2,337

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,736

Total Expenses

$1,837

Mortgage P&I

68%

$1,174

Property Taxes

7%

$127

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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