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$2,812 (target)

113 Davis St, Madisonville, LA 70447

3 beds • 2 baths • 1230 sqft

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This property could be a profitable Mid-Term investment with a projected 11.65% first-year return on $62,499 initial cash invested.

11.65%

Cash On Cash

10.3%

Cap Rate

1.65

DSCR

$2,812

Rent

$607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,812 income − $2,205 expenses = $607 cash flow

Income$2,812Mortgage P&I$1,10039%Property Taxes$763%Insurance$753%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$607

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,499

Downpayment

20%

$42,380

Closing costs

1%

$2,119

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,812

Total Expenses

$2,205

Mortgage P&I

39%

$1,100

Property Taxes

3%

$76

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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