REI Lense

REI Lense

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$1,686 (target)

985 Heidi B Rd, Opelousas, LA 70570

3 beds • 2 baths • 1456 sqft

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This property might be a fair Mid-Term investment with a projected 4.72% first-year return on $52,650 initial cash invested.

4.72%

Cash On Cash

7.84%

Cap Rate

1.34

DSCR

$1,686

Rent

$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,686

Total Expenses

$1,479

Mortgage P&I

48%

$804

Property Taxes

3%

$45

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$202

CapEx

4%

$67

Vacancy

3%

$51

Maintenance

4%

$67

Other

11%

$185

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