REI Lense

REI Lense

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$1,970 (target)

66132 Cypress St, Mandeville, LA 70448

3 beds • 2 baths • 1373 sqft

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This property might be a fair Long-Term investment with a projected 0.62% first-year return on $52,416 initial cash invested.

0.62%

Cash On Cash

6.48%

Cap Rate

1.1

DSCR

$1,970

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,416

Downpayment

20%

$49,920

Closing costs

1%

$2,496

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,970

Total Expenses

$1,943

Mortgage P&I

62%

$1,223

Property Taxes

6%

$120

Home Insurance

5%

$89

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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