REI Lense

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$1,942 (target)

412 Forest Ave, Shreveport, LA 71104

3 beds • 2 baths • 1800 sqft

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This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $59,433 initial cash invested.

2.04%

Cash On Cash

7.29%

Cap Rate

1.18

DSCR

$1,942

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,942 income − $1,841 expenses = $101 cash flow

Income$1,942Mortgage P&I$1,02053%Property Taxes$905%Insurance$704%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$101

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,433

Downpayment

20%

$39,460

Closing costs

1%

$1,973

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,942

Total Expenses

$1,841

Mortgage P&I

53%

$1,020

Property Taxes

5%

$90

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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