REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,522 (target)

5932 Stratford Pl, New Orleans, LA 70131

3 beds • 2 baths • 1418 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.24% first-year return on $64,998 initial cash invested.

7.24%

Cash On Cash

8.79%

Cap Rate

1.43

DSCR

$2,522

Rent

$392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,522 income − $2,130 expenses = $392 cash flow

Income$2,522Mortgage P&I$1,14645%Property Taxes$462%Insurance$803%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$392

Investment Breakdown

|

Purchase Price

$224k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,998

Downpayment

20%

$44,760

Closing costs

1%

$2,238

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,522

Total Expenses

$2,130

Mortgage P&I

45%

$1,146

Property Taxes

2%

$46

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis