REI Lense

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$1,748 (target)

3901 Jacob Dr, Chalmette, LA 70043

3 beds • 2 baths • 1450 sqft

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This property looks like a bad Long-Term investment with a projected -5.08% first-year return on $55,965 initial cash invested.

-5.08%

Cash On Cash

5.53%

Cap Rate

0.89

DSCR

$1,748

Rent

-$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,748 income − $1,985 expenses = $237 out of pocket

Income$1,748Out of Pocket$237Mortgage P&I$1,37879%Property Taxes$583%Insurance$955%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,965

Downpayment

20%

$53,300

Closing costs

1%

$2,665

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,748

Total Expenses

$1,985

Mortgage P&I

79%

$1,378

Property Taxes

3%

$58

Home Insurance

5%

$95

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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