REI Lense

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$1,875 (target)

113 Davis St, Madisonville, LA 70447

3 beds • 2 baths • 1230 sqft

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This property might be a fair Long-Term investment with a projected 3.67% first-year return on $44,499 initial cash invested.

3.67%

Cash On Cash

7.53%

Cap Rate

1.21

DSCR

$1,875

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,875 income − $1,739 expenses = $136 cash flow

Income$1,875Mortgage P&I$1,10059%Property Taxes$764%Insurance$754%Management$18810%CapEx$945%Vacancy$1126%Maintenance$945%Cash Flow$136

Investment Breakdown

|

Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,499

Downpayment

20%

$42,380

Closing costs

1%

$2,119

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,875

Total Expenses

$1,739

Mortgage P&I

59%

$1,100

Property Taxes

4%

$76

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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