REI Lense

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$4,122 (target)

4912 Reaser St, Metairie, LA 70006

3 beds • 3 baths • 2002 sqft

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This property might be a fair Mid-Term investment with a projected 1.75% first-year return on $109k initial cash invested.

1.75%

Cash On Cash

6.89%

Cap Rate

1.15

DSCR

$4,122

Rent

$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,122 income − $3,963 expenses = $159 cash flow

Income$4,122Mortgage P&I$2,16953%Property Taxes$2356%Insurance$1574%Management$49512%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45311%Cash Flow$159

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,900

Closing costs

1%

$4,345

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,122

Total Expenses

$3,963

Mortgage P&I

53%

$2,169

Property Taxes

6%

$235

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$495

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$453

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