REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,720 (target)

912 Homestead Ave, Metairie, LA 70005

3 beds • 2 baths • 1996 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.38% first-year return on $98,199 initial cash invested.

-0.38%

Cash On Cash

6.56%

Cap Rate

1.06

DSCR

$3,720

Rent

-$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,720 income − $3,751 expenses = $31 out of pocket

Income$3,720Out of Pocket$31Mortgage P&I$1,97153%Property Taxes$37510%Insurance$1404%Management$44612%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,199

Downpayment

20%

$76,380

Closing costs

1%

$3,819

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,720

Total Expenses

$3,751

Mortgage P&I

53%

$1,971

Property Taxes

10%

$375

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis