REI Lense

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$2,676 (target)

520 Big Red Cir, Haughton, LA 71037

3 beds • 2 baths • 1361 sqft

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This property might be a fair Mid-Term investment with a projected 5.05% first-year return on $68,253 initial cash invested.

5.05%

Cash On Cash

8.12%

Cap Rate

1.32

DSCR

$2,676

Rent

$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $2,389 expenses = $287 cash flow

Income$2,676Mortgage P&I$1,22646%Property Taxes$1706%Insurance$843%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%Cash Flow$287

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,253

Downpayment

20%

$47,860

Closing costs

1%

$2,393

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,676

Total Expenses

$2,389

Mortgage P&I

46%

$1,226

Property Taxes

6%

$170

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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