REI Lense

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$1,987 (target)

8429 Edgewood Dr, Haughton, LA 71037

3 beds • 2 baths • 1738 sqft

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This property could be a profitable Long-Term investment with a projected 11.73% first-year return on $37,338 initial cash invested.

11.73%

Cash On Cash

9.23%

Cap Rate

1.51

DSCR

$1,987

Rent

$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,987 income − $1,622 expenses = $365 cash flow

Income$1,987Mortgage P&I$90345%Property Taxes$1276%Insurance$633%HOA$131%Management$19910%CapEx$995%Vacancy$1196%Maintenance$995%Cash Flow$365

Investment Breakdown

|

Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,338

Downpayment

20%

$35,560

Closing costs

1%

$1,778

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,987

Total Expenses

$1,622

Mortgage P&I

45%

$903

Property Taxes

6%

$127

Home Insurance

3%

$63

HOA

1%

$13

Property Management

10%

$199

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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