REI Lense

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$2,980 (target)

8413 Benjamin Dr, Chalmette, LA 70043

3 beds • 2 baths • 1850 sqft

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This property looks like a bad Mid-Term investment with a projected -0.91% first-year return on $93,600 initial cash invested.

-0.91%

Cash On Cash

6.02%

Cap Rate

1.03

DSCR

$2,980

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $3,051 expenses = $71 out of pocket

Income$2,980Out of Pocket$71Mortgage P&I$1,75959%Property Taxes$1535%Insurance$1264%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$3,051

Mortgage P&I

59%

$1,759

Property Taxes

5%

$153

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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