REI Lense

REI Lense

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$1,791 (target)

533 Maple Ave, Harvey, LA 70058

3 beds • 2 baths • 1531 sqft

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This property looks like a bad Long-Term investment with a projected -0.38% first-year return on $47,250 initial cash invested.

-0.38%

Cash On Cash

6.49%

Cap Rate

1.07

DSCR

$1,791

Rent

-$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,791 income − $1,806 expenses = $15 out of pocket

Income$1,791Out of Pocket$15Mortgage P&I$1,14164%Property Taxes$1207%Insurance$794%Management$17910%CapEx$905%Vacancy$1076%Maintenance$905%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,791

Total Expenses

$1,806

Mortgage P&I

64%

$1,141

Property Taxes

7%

$120

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$107

Maintenance

5%

$90

Other

0%

$0

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