REI Lense

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$1,381 (target)

804 W Charles St, Hammond, LA 70401

3 beds • 4 baths • 4524 sqft

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This property looks like a bad Long-Term investment with a projected -18.55% first-year return on $68,250 initial cash invested.

-18.55%

Cash On Cash

2.48%

Cap Rate

0.4

DSCR

$1,381

Rent

-$1,055

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,381 income − $2,436 expenses = $1,055 out of pocket

Income$1,381Out of Pocket$1,055Mortgage P&I$1,657120%Property Taxes$967%Insurance$32423%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,381

Total Expenses

$2,436

Mortgage P&I

120%

$1,657

Property Taxes

7%

$96

Home Insurance

23%

$324

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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