REI Lense

REI Lense

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$1,928 (target)

376 Atlantic Ave, Shreveport, LA 71105

3 beds • 2 baths • 1944 sqft

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This property looks like a bad Long-Term investment with a projected -0.57% first-year return on $48,846 initial cash invested.

-0.57%

Cash On Cash

6.59%

Cap Rate

1.06

DSCR

$1,928

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,928 income − $1,951 expenses = $23 out of pocket

Income$1,928Out of Pocket$23Mortgage P&I$1,20462%Property Taxes$1649%Insurance$824%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,846

Downpayment

20%

$46,520

Closing costs

1%

$2,326

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,928

Total Expenses

$1,951

Mortgage P&I

62%

$1,204

Property Taxes

9%

$164

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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