REI Lense

REI Lense

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$2,748 (target)

4912 Reaser St, Metairie, LA 70006

3 beds • 3 baths • 2002 sqft

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This property looks like a bad Long-Term investment with a projected -6.93% first-year return on $91,245 initial cash invested.

-6.93%

Cash On Cash

4.91%

Cap Rate

0.82

DSCR

$2,748

Rent

-$527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,748 income − $3,275 expenses = $527 out of pocket

Income$2,748Out of Pocket$527Mortgage P&I$2,16979%Property Taxes$2359%Insurance$1576%Management$27510%CapEx$1375%Vacancy$1656%Maintenance$1375%

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,245

Downpayment

20%

$86,900

Closing costs

1%

$4,345

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,748

Total Expenses

$3,275

Mortgage P&I

79%

$2,169

Property Taxes

9%

$235

Home Insurance

6%

$157

HOA

0%

$0

Property Management

10%

$275

CapEx

5%

$137

Vacancy

6%

$165

Maintenance

5%

$137

Other

0%

$0

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