REI Lense

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$2,505 (target)

640 Saint Berchman Dr, Opelousas, LA 70570

3 beds • 2 baths • 1825 sqft

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This property could be a profitable Mid-Term investment with a projected 11.01% first-year return on $57,879 initial cash invested.

11.01%

Cash On Cash

10.21%

Cap Rate

1.64

DSCR

$2,505

Rent

$531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,505 income − $1,974 expenses = $531 cash flow

Income$2,505Mortgage P&I$98539%Property Taxes$713%Insurance$663%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$531

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,505

Total Expenses

$1,974

Mortgage P&I

39%

$985

Property Taxes

3%

$71

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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