REI Lense

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$2,632 (target)

908 Mobile Ct, Shreveport, LA 71115

3 beds • 2 baths • 1726 sqft

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This property might be a fair Mid-Term investment with a projected 0.84% first-year return on $71,403 initial cash invested.

0.84%

Cash On Cash

6.63%

Cap Rate

1.12

DSCR

$2,632

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,632 income − $2,582 expenses = $50 cash flow

Income$2,632Mortgage P&I$1,25148%Property Taxes$27210%Insurance$944%HOA$703%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%Cash Flow$50

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,403

Downpayment

20%

$50,860

Closing costs

1%

$2,543

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,632

Total Expenses

$2,582

Mortgage P&I

48%

$1,251

Property Taxes

10%

$272

Home Insurance

4%

$94

HOA

3%

$70

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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