REI Lense

REI Lense

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$1,350 (target)

7691 Interstate Highway 49 Service Rd S, Opelousas, LA 70570

3 beds • 2 baths • 1288 sqft

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This property might be a fair Long-Term investment with a projected 0.85% first-year return on $36,750 initial cash invested.

0.85%

Cash On Cash

6.79%

Cap Rate

1.1

DSCR

$1,350

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,350 income − $1,324 expenses = $26 cash flow

Income$1,350Mortgage P&I$89666%Property Taxes$151%Insurance$615%Management$13510%CapEx$685%Vacancy$816%Maintenance$685%Cash Flow$26

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,350

Total Expenses

$1,324

Mortgage P&I

66%

$896

Property Taxes

1%

$15

Home Insurance

5%

$61

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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