REI Lense

REI Lense

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$1,352 (target)

515 Whittington St, Leesville, LA 71446

3 beds • 2 baths • 1545 sqft

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This property might be a fair Long-Term investment with a projected 4.03% first-year return on $32,121 initial cash invested.

4.03%

Cash On Cash

7.61%

Cap Rate

1.22

DSCR

$1,352

Rent

$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,352 income − $1,244 expenses = $108 cash flow

Income$1,352Mortgage P&I$79459%Property Taxes$443%Insurance$544%Management$13510%CapEx$685%Vacancy$816%Maintenance$685%Cash Flow$108

Investment Breakdown

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Purchase Price

$153k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,121

Downpayment

20%

$30,591

Closing costs

1%

$1,530

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,352

Total Expenses

$1,244

Mortgage P&I

59%

$794

Property Taxes

3%

$44

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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