REI Lense

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$3,526 (target)

4424 Lefkoe St, Metairie, LA 70006

3 beds • 2 baths • 2156 sqft

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This property might be a fair Mid-Term investment with a projected 6% first-year return on $89,400 initial cash invested.

6%

Cash On Cash

8.01%

Cap Rate

1.35

DSCR

$3,526

Rent

$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,526 income − $3,079 expenses = $447 cash flow

Income$3,526Mortgage P&I$1,68148%Property Taxes$802%Insurance$1193%Management$42312%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%Cash Flow$447

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,526

Total Expenses

$3,079

Mortgage P&I

48%

$1,681

Property Taxes

2%

$80

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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