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$3,555 (target)

109 Richard St, Carencro, LA 70520

3 beds • 3 baths • 2075 sqft

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This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $119k initial cash invested.

-5.52%

Cash On Cash

5.18%

Cap Rate

0.84

DSCR

$3,555

Rent

-$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,555 income − $4,102 expenses = $547 out of pocket

Income$3,555Out of Pocket$547Mortgage P&I$2,48070%Property Taxes$2407%Insurance$1735%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%

Investment Breakdown

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Purchase Price

$481k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,100

Closing costs

1%

$4,805

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,555

Total Expenses

$4,102

Mortgage P&I

70%

$2,480

Property Taxes

7%

$240

Home Insurance

5%

$173

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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