REI Lense

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$1,261 (target)

46038 Laurie Dr, Hammond, LA 70401

3 beds • 2 baths • 1604 sqft

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This property looks like a bad Long-Term investment with a projected -17.69% first-year return on $65,730 initial cash invested.

-17.69%

Cash On Cash

3.1%

Cap Rate

0.47

DSCR

$1,261

Rent

-$969

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,261 income − $2,230 expenses = $969 out of pocket

Income$1,261Out of Pocket$969Mortgage P&I$1,715136%Property Taxes$776%Insurance$1109%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,730

Downpayment

20%

$62,600

Closing costs

1%

$3,130

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,261

Total Expenses

$2,230

Mortgage P&I

136%

$1,715

Property Taxes

6%

$77

Home Insurance

9%

$110

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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