REI Lense

REI Lense

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$1,792 (target)

4309 Lemans Dr, Marrero, LA 70072

3 beds • 2 baths • 1482 sqft

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This property might be a fair Long-Term investment with a projected 1.35% first-year return on $45,486 initial cash invested.

1.35%

Cash On Cash

7.01%

Cap Rate

1.13

DSCR

$1,792

Rent

$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,792 income − $1,741 expenses = $51 cash flow

Income$1,792Mortgage P&I$1,12463%Property Taxes$744%Insurance$764%Management$17910%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$51

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,486

Downpayment

20%

$43,320

Closing costs

1%

$2,166

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,792

Total Expenses

$1,741

Mortgage P&I

63%

$1,124

Property Taxes

4%

$74

Home Insurance

4%

$76

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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