REI Lense

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$1,028 (target)

810 Rampart St, Alexandria, LA 71302

3 beds • 2 baths • 1297 sqft

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This property might be a fair Long-Term investment with a projected 3.1% first-year return on $25,179 initial cash invested.

3.1%

Cash On Cash

7.28%

Cap Rate

1.19

DSCR

$1,028

Rent

$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,028 income − $963 expenses = $65 cash flow

Income$1,028Mortgage P&I$61159%Property Taxes$434%Insurance$424%Management$10310%CapEx$515%Vacancy$626%Maintenance$515%Cash Flow$65

Investment Breakdown

|

Purchase Price

$120k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,179

Downpayment

20%

$23,980

Closing costs

1%

$1,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,028

Total Expenses

$963

Mortgage P&I

59%

$611

Property Taxes

4%

$43

Home Insurance

4%

$42

HOA

0%

$0

Property Management

10%

$103

CapEx

5%

$51

Vacancy

6%

$62

Maintenance

5%

$51

Other

0%

$0

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