REI Lense

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$2,686 (target)

533 Maple Ave, Harvey, LA 70058

3 beds • 2 baths • 1531 sqft

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This property might be a fair Mid-Term investment with a projected 7.98% first-year return on $65,250 initial cash invested.

7.98%

Cash On Cash

8.97%

Cap Rate

1.47

DSCR

$2,686

Rent

$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,686 income − $2,252 expenses = $434 cash flow

Income$2,686Mortgage P&I$1,14142%Property Taxes$1204%Insurance$793%Management$32212%CapEx$1074%Vacancy$813%Maintenance$1074%Other$29511%Cash Flow$434

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,686

Total Expenses

$2,252

Mortgage P&I

42%

$1,141

Property Taxes

4%

$120

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$81

Maintenance

4%

$107

Other

11%

$295

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