REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,346 (target)

408 Good News Ave, Belle Chasse, LA 70037

3 beds • 2 baths • 1809 sqft

Email

This property looks like a bad Long-Term investment with a projected -0.05% first-year return on $68,859 initial cash invested.

-0.05%

Cash On Cash

6.14%

Cap Rate

1.07

DSCR

$2,346

Rent

-$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,346 income − $2,349 expenses = $3 out of pocket

Income$2,346Out of Pocket$3Mortgage P&I$1,56567%Property Taxes$593%Insurance$1155%Management$23510%CapEx$1175%Vacancy$1416%Maintenance$1175%

Investment Breakdown

|

Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,859

Downpayment

20%

$65,580

Closing costs

1%

$3,279

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,346

Total Expenses

$2,349

Mortgage P&I

67%

$1,565

Property Taxes

3%

$59

Home Insurance

5%

$115

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$117

Vacancy

6%

$141

Maintenance

5%

$117

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis