REI Lense

REI Lense

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$1,217 (target)

605 Haynes Dr, Deridder, LA 70634

3 beds • 2 baths • 1651 sqft

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This property looks like a bad Long-Term investment with a projected -3.85% first-year return on $38,073 initial cash invested.

-3.85%

Cash On Cash

5.84%

Cap Rate

0.94

DSCR

$1,217

Rent

-$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,217 income − $1,339 expenses = $122 out of pocket

Income$1,217Out of Pocket$122Mortgage P&I$94377%Property Taxes$111%Insurance$686%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

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Purchase Price

$181k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,073

Downpayment

20%

$36,260

Closing costs

1%

$1,813

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,217

Total Expenses

$1,339

Mortgage P&I

77%

$943

Property Taxes

1%

$11

Home Insurance

6%

$68

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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