REI Lense

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$2,184 (target)

565 Edgewood Dr, Pineville, LA 71360

3 beds • 2 baths • 1639 sqft

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This property might be a fair Mid-Term investment with a projected 3.31% first-year return on $60,189 initial cash invested.

3.31%

Cash On Cash

7.74%

Cap Rate

1.24

DSCR

$2,184

Rent

$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $2,018 expenses = $166 cash flow

Income$2,184Mortgage P&I$1,04248%Property Taxes$1627%Insurance$723%Management$26212%CapEx$874%Vacancy$663%Maintenance$874%Other$24011%Cash Flow$166

Investment Breakdown

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Purchase Price

$201k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,189

Downpayment

20%

$40,180

Closing costs

1%

$2,009

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,184

Total Expenses

$2,018

Mortgage P&I

48%

$1,042

Property Taxes

7%

$162

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$66

Maintenance

4%

$87

Other

11%

$240

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