REI Lense

REI Lense

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$2,016 (target)

428 Avenue G, Marrero, LA 70072

3 beds • 2 baths • 1430 sqft

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This property might be a fair Long-Term investment with a projected 0.12% first-year return on $49,518 initial cash invested.

0.12%

Cash On Cash

6.93%

Cap Rate

1.08

DSCR

$2,016

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,016 income − $2,011 expenses = $5 cash flow

Income$2,016Mortgage P&I$1,25562%Property Taxes$1477%Insurance$844%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%Cash Flow$5

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,518

Downpayment

20%

$47,160

Closing costs

1%

$2,358

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,016

Total Expenses

$2,011

Mortgage P&I

62%

$1,255

Property Taxes

7%

$147

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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